Determining lot sizes in production areas – exact calculation versus research based estimation

by Matthias Schmidt, Ben Muenzberg , and Peter Nyhuis


Determining lot sizes in production areas is an essential task of production planning and control. Due to the growing number of product variants, calculating economical lot sizes is becoming increasingly important in the industrial practice. Although planning lot sizes plays an important role in industrial production, existing methods only partially consider the variety of impacts. This paper presents existing methods and discusses their impact on the multi-criteria objective achievement of industrial companies. Based on actual case studies the logistical and economical relevance of determining lot sizes is illustrated and the suitability of different approaches for industrial practice is discussed.

1-minute pitch

            Paper presenter
Name: Matthias Schmidt
Organization: Institute of Production Systems and Logistics, Leibniz Universitaet of Hannover, An der Universitaet 2, 30823 Garbsen, Germany

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