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- W3003320939 abstract "For a dynamic lot sizing problem involving time-varying deterministic demand of a single item, Wagner and Whitin (1958) have developed an efficient regeneration-point dynamic programming (DP) approach under a special cost assumption. The purpose of this paper is twofold: First, Bellman's standard DP type can be made as efficient as the regeneration-point DP when the special property is appropriately exploited, although the resulting DP requires one more state variable. This is because the regeneration point DP computes a sum of multiple stage costs by summation, while the standard DP computes it by DP recurrence relations. Second, we relate those two DP methods to yet another DP that solves an associated minimum cost flow network problem. We then show that those three DP procedures are equally efficient by describing their insightful relations and features." @default.
- W3003320939 created "2020-02-07" @default.
- W3003320939 creator A5053646799 @default.
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- W3003320939 date "2019-12-01" @default.
- W3003320939 modified "2023-09-23" @default.
- W3003320939 title "On Two New Dynamic-Programming Procedures As Efficient As the Wagner-Whitin Regeneration-Point Type in Dynamic Lot Sizing" @default.
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- W3003320939 doi "https://doi.org/10.1109/ieem44572.2019.8978569" @default.
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