The dynamic lot size model with quantity discount

The dynamic lot size model with quantity discount

0.00 Avg rating0 Votes
Article ID: iaor1991434
Country: United States
Volume: 37
Issue: 5
Start Page Number: 707
End Page Number: 713
Publication Date: Oct 1990
Journal: Naval Research Logistics
Authors: ,
Keywords: optimization
Abstract:

This article treats the dynamic lot size model with quantity discount in purchase price. The authors study the problem with two different cost structures: the all-units-discount cost structure and the incremental-discount cost structure. They solve the problem under both discount cost structures by dynamic programming algorithms of complexity O(T3) and O(T2), respectively, with T the number of periods in the planning horizon.

Reviews

Required fields are marked *. Your email address will not be published.