Article ID: | iaor199975 |
Country: | United States |
Volume: | 45 |
Issue: | 4 |
Start Page Number: | 419 |
End Page Number: | 422 |
Publication Date: | Jun 1998 |
Journal: | Naval Research Logistics |
Authors: | Xu Jiefeng, Lu Leonard L. |
Keywords: | discounts |
Federgruen and Lee proposed an optimal algorithm for the single-item dynamic lot size model with all-unit discount. In this note we show that their algorithm fails to find the optimal solution for some special cases. We also provide a modification to the algorithm to handle them.