The capacitated Lot Sizing model: A powerful tool for logistics decision making
Giuseppe Bruno,
Andrea Genovese and
Carmela Piccolo
International Journal of Production Economics, 2014, vol. 155, issue C, 380-390
Abstract:
Starting from the seminal intuitions that led to the developments of the Economic Order Quantity model and of the formulation of the Dynamic Lot Sizing Problem, inventory models have been widely employed in the academic literature and in corporate practice to solve a wide range of theoretical and real-world problems, as, through simple modifications to the original models, it is possible to accommodate and describe a broad set of situations taking place in complex supply chains and logistics systems.
Keywords: Lot Sizing; Inventory problems; Logistic decision-making (search for similar items in EconPapers)
Date: 2014
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Citations: View citations in EconPapers (2)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:proeco:v:155:y:2014:i:c:p:380-390
DOI: 10.1016/j.ijpe.2014.03.008
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