An improved algorithm for solving the economic lot size problem (ELSP): A note

An improved algorithm for solving the economic lot size problem (ELSP): A note

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Article ID: iaor19981121
Country: United Kingdom
Volume: 35
Issue: 6
Start Page Number: 1785
End Page Number: 1787
Publication Date: Jun 1997
Journal: International Journal of Production Research
Authors: ,
Keywords: economic order
Abstract:

In 1995 Davis presented an algorithm for solving the single-facility, multi-product lot scheduling problem, minimizing setup and inventory costs subject to a capacity constraint (see IAOR 58027). In this note three modifications to the algorithm are proposed, which permit more efficient programming.

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