An aplication of majorization order on a production-inventory problem
DOI:
https://doi.org/10.17533/udea.redin.20237Keywords:
production, lot size, inventoryAbstract
The order of majorization is a partial order among vectors, taking in account the characteristics of its components. In this paper presents an application of this order to an inventory-production model with constant production and demand rates, which justifies the homogeneity in the lot size of production, what is considered as assumed in the traditional literature.
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References
S. Goyal; M. Gopalakrishnan. “Production lot sizing model with insufficient production capacity”. Produc-tion planning control. Vol. 7. 1996. pp. 222-224. DOI: https://doi.org/10.1080/09537289608930345
M. A. Hariga. ‘‘Economic production-ordering quantity models with limited production capacity’’. Production Planing Control. Vol 9. 1998. pp. 671-674. DOI: https://doi.org/10.1080/095372898233669
A. Marshall, I. Olkin. Theory of mayorization and its applications. New York. Academic Press. 1979.
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