Dynamic Version of the Economic Lot Size Model

A forward algorithm for a solution to the following dynamic version of the economic lot size model is given: allowing the possibility of demands for a single item, inventory holding charges, and setup costs to vary over N periods, we desire a minimum total cost inventory management scheme which sati...

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Veröffentlicht in:	Management science 2004-12, Vol.50 (12_supplement), p.1770-1774
Hauptverfasser:	Wagner, Harvey M., Whitin, Thomson M.
Format:	Artikel
Sprache:	eng
Schlagworte:	Algorithms Business studies Carrying costs Cost efficiency Demand Economic costs Economic lot size Economic models Economic theory Inventories Inventory control Management Measurement Minimization of cost Optimal policy Period costs Total costs
Online-Zugang:	Volltext
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