Note--On the Deterministic Demand Multi-Product Single-Machine Lot Scheduling Problem
Stephen C. Graves
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Stephen C. Graves: Massachusetts Institute of Technology
Management Science, 1979, vol. 25, issue 3, 276-280
Abstract:
This note considers two single-machine multi-product scheduling problems with deterministic demand that have appeared in the management science literature: the economic lot scheduling problem and the joint replenishment problem. These problems are shown to be closely related. In addition, they are shown to be nearly identical to a one-warehouse, several-retailer inventory problem. As a consequence, any algorithm which solves one of the problems also solves the other two problems.
Keywords: inventory/production; inventory/production: packaging; inventory/production: deterministic models (search for similar items in EconPapers)
Date: 1979
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Persistent link: https://EconPapers.repec.org/RePEc:inm:ormnsc:v:25:y:1979:i:3:p:276-280
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