Leschke, John P.; Weiss, Elliott N. - In: Management Science 43 (1997) 6, pp. 890-894
In this note, we analyze investment priorities for setup-reduction programs in a multi-product system. We provide an objective function transformation for the model developed by Porteus (Porteus, E. L. 1985. Investing in reduced setups in the EOQ model. Management Sci. 31(8, August) 998--1010.)...