Dialog program for the two-criterial dynamic lot size model

Dialog program for the two-criterial dynamic lot size model

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Article ID: iaor1991401
Country: Netherlands
Volume: 15
Start Page Number: 423
End Page Number: 426
Publication Date: Dec 1989
Journal: Engineering Costs and Production Economics
Authors:
Abstract:

The dynamic lot size model with two objectives is studied. The criterion of minimizing the sum of set-up costs and holding costs is complemented by the minimization of the stock. Solutions which are efficient with respect to these two objectives can be derived from parametric one-critical models with combined objective functions. A complete set of efficient solutions which are distinct in their objectives can be found by a BASIC dialog program for personal computers.

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