Swati Singh
| Author(s) | : | Swati Singh |
| Institution | : | Assistant Professor, Mechanical Engineering Department, Sigma Institute of Engineering, Vadodara |
| Published In | : | Vol. 4, Issue 13 — January 2017 |
| Page No. | : | - |
| Domain | : | Engineering |
| Type | : | Research Paper |
| ISSN (Online) | : | 2348-4470 |
| ISSN (Print) | : | 2348-6406 |
This Paper Consider the evaluation of Lot Sizing Techniques in MRP system. This problem deals with thedetermination of a Production plan for the end item and its components in order to meet the forecast demand in eachperiod of a planning horizon. The production plan should minimize the sum of Production, setup & Inventory cost. In thispaper, the different Lot Sizing Techniques like LFL, EOQ, LUC, LTC, PPB & POQ; which are used to see the effect ofholding cost in total cost of Inventory problem. In this paper; we propose the best Techniques in the different situation ofMRP system which attempts to find a feasible solution & minimize total cost.
Swati Singh, “Swati Singh”, International Journal of Advance Engineering and Research Development (IJAERD), Vol. 4, Issue 13, pp. -, January 2017.
