| 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: | Richter Knut |
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.