The master scheduling team at a plant producing steel chain is considering a lot-for-lot policy instead of batching into larger lots. The following is their partially completed analysis for 3 levels of chain making (final chain making, fed by fabrication of cut steel pieces, fed by purchased steel rods).
In L4L rule, the lot size ordered covers the gross requirements (demand) of a single week. The goal is to minimize inventory levels. Using this rule, the completed analysis is done ...
This posting contains solution to a problem of Master Production Scheduling using L4L Rule.