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- W3148139865 abstract "This paper addresses a real life single item dynamic lot sizing problem arising in a refinery for crude oil procurement. It can be considered as a lot-sizing probtem with bounded inventory and backlogging. The production capacity can be considered to be udmited and the production cost functions are assumed to be linear but time-varying. The results can be easily extended to concave piecewise linear production cost functions. The goal is to minimize the total costs of production, inventory holding and backlogging. We show that the problem can be wived in O(T2) time with general concave inventory hotding and backlogging cost functions where T is the number of periods in the planning horizon. We show that the complexity is reduced to O(T) when the inventory holding cost functions are linear and have some required properties." @default.
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- W3148139865 date "2005-01-01" @default.
- W3148139865 modified "2023-09-26" @default.
- W3148139865 title "Dynamic Lot Sizing Models with Bounded Inventory and Backlogging" @default.
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