@article{(Open Science Index):https://publications.waset.org/pdf/10001688,
	  title     = {Using the Simple Fixed Rate Approach to Solve Economic Lot Scheduling Problem under the Basic Period Approach},
	  author    = {Yu-Jen Chang and  Yun Chen and  Hei-Lam Wong},
	  country	= {},
	  institution	= {},
	  abstract     = {The Economic Lot Scheduling Problem (ELSP) is a
valuable mathematical model that can support decision-makers to
make scheduling decisions. The basic period approach is effective for
solving the ELSP. The assumption for applying the basic period
approach is that a product must use its maximum production rate to be
produced. However, a product can lower its production rate to reduce
the average total cost when a facility has extra idle time. The past
researches discussed how a product adjusts its production rate under
the common cycle approach. To the best of our knowledge, no studies
have addressed how a product lowers its production rate under the
basic period approach. This research is the first paper to discuss this
topic. The research develops a simple fixed rate approach that adjusts
the production rate of a product under the basic period approach to
solve the ELSP. Our numerical example shows our approach can find a
better solution than the traditional basic period approach. Our
mathematical model that applies the fixed rate approach under the
basic period approach can serve as a reference for other related
researches.},
	    journal   = {International Journal of Industrial and Manufacturing Engineering},
	  volume    = {9},
	  number    = {7},
	  year      = {2015},
	  pages     = {2297 - 2305},
	  ee        = {https://publications.waset.org/pdf/10001688},
	  url   	= {https://publications.waset.org/vol/103},
	  bibsource = {https://publications.waset.org/},
	  issn  	= {eISSN: 1307-6892},
	  publisher = {World Academy of Science, Engineering and Technology},
	  index 	= {Open Science Index 103, 2015},
	}