| Article ID: | iaor20013262 |
| Country: | Poland |
| Volume: | 25 |
| Issue: | 4 |
| Start Page Number: | 685 |
| End Page Number: | 692 |
| Publication Date: | Jan 1996 |
| Journal: | Control and Cybernetics |
| Authors: | Vidal Ren Victor Valqui |
| Keywords: | programming: linear |
A stochastic version of the classical economic lot size model where demands are random variables is dealt with. Assuming the step function type distribution of demands, the problem is shown to be approximated by a linear programming problem having the save structure as the deterministic one.