Cumulative staircase considerations for dynamic lotsizing when backlogging is allowed
Robert W. Grubbström
International Journal of Production Economics, 2014, vol. 157, issue C, 201-211
Abstract:
The dynamic lotsizing problem concerns the determination of optimal batch quantities, when given required amounts appear at discrete points in time. The standard formulation assumes that no shortages are allowed and that replenishments are made instantaneously.
Keywords: Dynamic lotsizing; EPQ; Finite production rate; Backlog; Shortages; Net present value; Binary approach (search for similar items in EconPapers)
Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:eee:proeco:v:157:y:2014:i:c:p:201-211
DOI: 10.1016/j.ijpe.2013.05.027
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