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).
(See attachment).© BrainMass Inc. brainmass.com June 3, 2020, 6:47 pm ad1c9bdddf
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 in ...
This posting contains solution to a problem of Master Production Scheduling using L4L Rule.