Approximation Formulations for the Single-Product Capacitated Lot Size Problem.
Gabriel R. BitranHirofumi MatsuoPublished in: Oper. Res. (1986)
Keyphrases
- lot size
- single product
- lot sizing
- finite horizon
- lead time
- planning horizon
- total cost
- fixed cost
- infinite horizon
- multistage
- multi item
- supply chain
- inventory systems
- optimal policy
- setup cost
- single item
- production planning
- mixed integer programming
- markov decision processes
- approximation algorithms
- service level
- np hard
- mixed integer
- inventory control
- inventory level
- expected cost
- average cost
- routing problem
- random variables
- customer demand
- decision making