Comments on “Dynamic Version of the Economic Lot Size Model”
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Dynamic Version of the Economic Lot Size Model
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A Joint Economic-lot-size Model for Purchaser and Vendor
In a typical purchasing situation, the issues of price, lot sizing, etc, usually are settled through negotiations between the purchaser and the vendor. Depending on the existing balance of power, the end result of such a bargaining process may be a near-optimal or optimal ordering policy for one of the parties (placing the other in a position of significant disadvantage) or, sometimes, inoptima...
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Some New Dynamic Economic Lot Sizing Models
We introduce a dynamic economic lot sizing problem whose production cost considers both setup and the designed-and-yet stretchable production capacity. Demands and the control on production activities drive the evolution of the production system. We give a pseudo-polynomial algorithm for the problem when future demands are known. When there is uncertainty in future demands and there is no holdi...
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ژورنال
عنوان ژورنال: Management Science
سال: 2004
ISSN: 0025-1909,1526-5501
DOI: 10.1287/mnsc.1040.0306