| Article ID: | iaor199335 |
| Country: | United States |
| Volume: | 39 |
| Issue: | 5 |
| Start Page Number: | 651 |
| End Page Number: | 668 |
| Publication Date: | Aug 1992 |
| Journal: | Naval Research Logistics |
| Authors: | Bastian Michael |
This article considers the dynamic lot-size problem under discounting, allowing a speculative motive for holding inventory. A forward procedure is developed that determines the first lot-size decision in a rolling horizon environment by using forecast data of the minimum possible number of future periods.