Article ID: | iaor199028 |
Country: | United States |
Volume: | 27 |
Start Page Number: | 1 |
End Page Number: | 11 |
Publication Date: | Mar 1986 |
Journal: | Production and Inventory Management Journal |
Authors: | Zionts Stanley, Bahl Harish C. |
Since lot sizing can be thought of as a fixed-charge problem, methods and techniques for solving the fixed charge problem are useful for solving the lot-sizing problem. In particular, the authors present a practical method based on the solution of the warehouse distribution problem which gives near-optimal solutions and permits back-order, setup, and carrying costs.