Improved Algorithms for a Lot-Sizing Problem with Inventory Bounds and Backlogging
2010-03-29
Research Paper
pp 1-30.
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This paper considers a dynamic lot-sizing problem with storage capacity limitation in which backlogging is allowed. For general concave production and inventory costs, we present an O(T2) dynamic programming algorithm where is the length of the planning horizon. Furthermore, for fixed-charge and nonspeculative costs, we provide O(Tlog T) and O(T) algorithms, respectively. This paper therefore concludes that the time complexity to solve the bounded inventory lot-sizing problem with backlogging is the same as the complexity to solve the uncapacitated lot-sizing problem for the commonly used cost structures
Keywords
Automatically Extracted Terms
- period
- production
- problem
- period i
- inventory
- algorithm
- period t
- production period
- point
- lot-sizing problem
- lot-sizing
- demand
- value
- backlogging
- regeneration period
- regeneration
- formula
- envelope
- uncapacitated lot-sizing problem
- property