Economic Lot-Sizing Problem with Bounded Inventory and Lost-Sales
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.
|Algorithms, Economic lot-sizing, Inventory and Production, Lost-Sales|
|Erasmus School of Economics|
|Econometric Institute Research Papers|
|Report / Econometric Institute, Erasmus University Rotterdam|
|Organisation||Erasmus School of Economics|
Hwang, H.C. (2009). Economic Lot-Sizing Problem with Bounded Inventory and Lost-Sales (No. EI 2009-01). Report / Econometric Institute, Erasmus University Rotterdam (pp. 1–30). Erasmus School of Economics. Retrieved from http://hdl.handle.net/1765/14351