Template-Type: ReDIF-Paper 1.0
Author-Name: Onal, M.
Author-Name-Last: Onal
Author-Name-First: Mehmet
Author-Name: van den Heuvel, W.J.
Author-Name-Last: van den Heuvel
Author-Name-First: Wim
Author-Name: Liu, T.
Author-Name-Last: Liu
Author-Name-First: Tieming
Title: A note on "The Economic Lot Sizing Problem with Inventory Bounds"
Abstract: In a recent paper, Liu (2008) considers the lot-sizing problem with lower and upper bounds on the inventory levels. He proposes an O(n^2) algorithm for the general problem, and an O(n) algorithm for the special case with non-speculative motives. We show that neither of the algorithms provides an optimal solution in general. Furthermore, we propose a fix for the former algorithm that maintains the O(n^2) complexity.
Creation-Date: 2012-03-01
File-URL: https://repub.eur.nl/pub/32133/EI2012-04.pdf
File-Format: application/pdf
Series: RePEc:ems:eureir
Number: EI 2012-04
Handle: RePEc:ems:eureir:32133