Lot-sizing algorithms with applications to engineering and economics

Publication: Research - peer-reviewJournal article – Annual report year: 1984

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The paper presents two new solution procedures for a deterministic lot size problem, a matrix algorithm and a heuristic matrix method. The algorithm is based on the dual of a linear programming model formulation of the lot size problem, and it provides optimal solutions even in the general case of time-varying parameters. A comparison of the efficiency of the new solution procedures with well-known methods is developed. New applications of the techniques described within the fields of engineering (optimal design of a pump-pipe system) and economics (a model for import-planning) are referred to
Original languageEnglish
JournalInternational Journal of Production Research
Publication date1984
Volume22
Journal number4
Pages145-156
ISSN00207543
StatePublished

Keywords

  • production planning, optimization, linear model
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