| Article ID: | iaor2002542 |
| Country: | United Kingdom |
| Volume: | 6 |
| Issue: | 4 |
| Start Page Number: | 361 |
| End Page Number: | 363 |
| Publication Date: | Jan 1995 |
| Journal: | IMA Journal of Mathematics Applied in Business and Industry |
| Authors: | Vidal Ren Victor Valqui |
| Keywords: | production |
This paper deals with a model for multiproduct optimal batch sizes with in-process inventories and multiple work centres formulated by Bertrand. Using well-known results from Langrange duality, it is shown that the problem can be decomposed into a series of one-variable optimization problems. Two algorithms are suggested.