A heuristic approach for big bucket multi-level production planning problems

@article{Akartunali2009AHA,
  title={A heuristic approach for big bucket multi-level production planning problems},
  author={Kerem Akartunali and Andrew J. Miller},
  journal={European Journal of Operational Research},
  year={2009},
  volume={193},
  pages={396-411}
}
Multi-level production planning problems in which multiple items compete for the same resources frequently occur in practice, yet remain daunting in their difficulty to solve. In this paper we propose a heuristic framework that can generate high quality feasible solutions quickly for various kinds of lot-sizing problems. In addition, unlike many other heuristics, it generates high quality lower bounds using strong formulations, and its simple scheme allows it to be easily implemented in the… CONTINUE READING
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K. Akartunalı, A. J. Miller
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