Swati Singh

Authors

  • Swati Singh Assistant Professor, Mechanical Engineering Department, Sigma Institute of Engineering, Vadodara

Keywords:

Material Requirement Planning, Lot Sizing Techniques, Holding cost, Production Planning

Abstract

This Paper Consider the evaluation of Lot Sizing Techniques in MRP system. This problem deals with the
determination of a Production plan for the end item and its components in order to meet the forecast demand in each
period of a planning horizon. The production plan should minimize the sum of Production, setup & Inventory cost. In this
paper, the different Lot Sizing Techniques like LFL, EOQ, LUC, LTC, PPB & POQ; which are used to see the effect of
holding cost in total cost of Inventory problem. In this paper; we propose the best Techniques in the different situation of
MRP system which attempts to find a feasible solution & minimize total cost.

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Published

2022-08-23

How to Cite

Swati Singh. (2022). Swati Singh. International Journal of Advance Engineering and Research Development (IJAERD), 4(13), -. Retrieved from https://ijaerd.org/index.php/IJAERD/article/view/6066

Issue

Vol. 4 No. 13 (2017): SIEICON-2017 (International Conference on Current Research in Engineering)

Section

Articles

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