Recent research trend of economic-lot scheduling problems

Chan, H.K., Chung, S.H. and Lim, M.K. (2013) Recent research trend of economic-lot scheduling problems. Journal of Manufacturing Technology Management, 24(3), pp. 465-482. (doi: 10.1108/17410381311318936)

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Abstract

Purpose: This research note aims to present a summary of research concerning economic‐lot scheduling problem (ELSP). Design/methodology/approach: The paper's approach is to review over 100 selected studies published in the last 15 years (1997‐2012), which are then grouped under different research themes. Findings: Five research themes are identified and insights for future studies are reported at the end of this paper. Research limitations/implications: The motivation of preparing this research note is to summarize key research studies in this field since 1997, when the ELSP problems have been verified as NP‐hard. Originality/value: ELSP is an important scheduling problem that has been studied since the 1950s. Because of its complexity in delivering a feasible analytical closed form solution, many studies in the last two decades employed heuristic algorithms in order to come up with good and acceptable solutions. As a consequence, the solution approaches are quite diversified. The major contribution of this paper is to provide researchers who are interested in this area with a quick reference guide on the reviewed studies.

Item Type:Articles
Status:Published
Refereed:Yes
Glasgow Author(s) Enlighten ID:Lim, Professor Ming
Authors: Chan, H.K., Chung, S.H., and Lim, M.K.
College/School:College of Social Sciences > Adam Smith Business School > Management
Journal Name:Journal of Manufacturing Technology Management
Publisher:Emerald
ISSN:1741-038X

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