A new analysis of a lot‐size model with partial backlogging

David Rosenberg

Naval Research Logistics Quarterly, 1979, vol. 26, issue 2, 349-353

Abstract: We reformulate the cost equation for the lot‐size model with partial back‐logging. The formulation is in terms of “fictitious demand rate,” a new inventory decision variable that simplifies the analysis. Using decomposition by projection, we obtain an optimal solution in a straightforward manner. The form of the solution sheds additional light on the behavior of the model. Some of these insights are elucidated by numerical examples.

Date: 1979
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Persistent link: https://EconPapers.repec.org/RePEc:wly:navlog:v:26:y:1979:i:2:p:349-353

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