Template-Type: ReDIF-Paper 1.0
Author-Name: Hwang, H.C.
Author-Name-Last: Hwang
Author-Name-First: Hark-Chin
Title: Economic Lot-Sizing Problem with Bounded Inventory and Lost-Sales
Abstract: In this paper we consider an economic lot-sizing problem with bounded inventory and lost-sales. Different structural properties are characterized based on the system parameters such as production and inventory costs, selling prices, and storage capacities. Using these properties and the results on the lot-sizing problems with bounded inventory, we present improved and new algorithms for the problem. Specifically, we provide algorithms for the general lot-sizing problem with bounded inventory and lost-sales, the lot-sizing problem with nonincreasing selling prices and the problem with only lost-sales.
Creation-Date: 2009-06-01
File-URL: https://repub.eur.nl/pub/14351/EI2009-01.pdf
File-Format: application/pdf
Series: RePEc:ems:eureir
Number: EI 2009-01
Keywords: Algorithms, Economic lot-sizing, Inventory and Production, Lost-Sales
Handle: RePEc:ems:eureir:14351