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Experimental comparison of the switching heuristics for aggregate production planning problem
Authors:Chun Nam ChaHark Hwang
Affiliation:

Hyundai Electronics Industries Co. Ichon-kun, Kyongki-do 467-860, Korea

Korea Advanced Institute of Science & Technology 373-1, Gusung-long, Yusong-gu, Taejon 305-701, Korea

Abstract:Two improved versions of the production switching heuristic(PSH), Dominant PSH and Inventory-Ratio-Based PSH are proposed. Extensive computer experiments are performed to evaluated the proposed rules. Both linear and quadratic cost functions are adopted for the comparison study. Also. the influence of seasonality is investigated on the effectiveness of each rule. The results show that the proposed rules outperform the PSH in terms of the total cost, especially when seasonality factor is significant or the unit inventory carrying cost is high.
Keywords:Aggregate Production Planning   Switching Heuristic   Inventory Ratio   Experimental Comparison
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