The Economic Lot Scheduling Problem (ELSP)

Elmaghraby, S. E. (1978). The Economic Lot Scheduling Problem (ELSP): Review and Extensions. Management Science, 24(6), 587-598.

Type

Journal article

Intellectual base

Primary research

Year

1978

DOI

10.1287/mnsc.24.6.587

Link

https://doi.org/10.1287/mnsc.24.6.587

Cited from

cognitive_science

Cited by

1 citation across 1 artifact.

Each citation links to the sentence it supports in the citing article.

Primes

• Switching Cost
  • Over a horizon of \(W\) units of work split into \(n\) runs (so each run averages \(W/n\) units before a switch), total cost is \(C(n) = cW + s\,n\).

    This sourceTotal cost as steady-state production/holding cost plus a per-run setup (changeover) cost; product switching too often inflates setup cost, too rarely inflates holding cost — the two-term per-time-plus-per-event trade-off scheduling manages.

Verification

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Registry ID ref:0d922098a86c · see in the full table