Improved lot sizing heuristics for multi-stage inventory models with backlogging

Improved lot sizing heuristics for multi-stage inventory models with backlogging

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Article ID: iaor19931684
Country: Netherlands
Volume: 28
Issue: 3
Start Page Number: 283
End Page Number: 288
Publication Date: Dec 1992
Journal: International Journal of Production Economics
Authors: ,
Keywords: heuristics
Abstract:

In this paper, the multi-stage inventory model is analysed in the backlogging case and a cost modification structure is suggested with the help of which the performance of the level-by-level heuristics can be improved. The performance of these improved heuristics is also investigated in special input structures where simple level-by-level heuristics show extremely bad results.

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