%0 Journal Article
	%A Yu-Jen Chang and  Yun Chen and  Hei-Lam Wong
	%D 2015
	%J International Journal of Industrial and Manufacturing Engineering
	%B World Academy of Science, Engineering and Technology
	%I Open Science Index 103, 2015
	%T Using the Simple Fixed Rate Approach to Solve Economic Lot Scheduling Problem under the Basic Period Approach
	%U https://publications.waset.org/pdf/10001688
	%V 103
	%X 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.
	%P 2297 - 2305