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: | Lee Chung-Yee, Federgruen Awi |
Keywords: | optimization |
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(