An algorithm for general infinite horizon lot sizing with deterministic demand

Springer Science and Business Media LLC - Tập 9 - Trang 1-8 - 2017
Milan Horniaček1
1Institute of Economics, Faculty of Social and Economic Sciences, Comenius University in Bratislava, Bratislava, Slovak Republic

Tóm tắt

We present an algorithm for solving an infinite horizon discrete time lot sizing problem with deterministic non-stationary demand and discounting of future cost. Besides non-negativity and finite supremum over infinite horizon, no restrictions are placed on single period demands. (In particular, they need not follow any cyclical pattern). Variable procurement cost, fixed ordering cost, and holding cost can be different in different periods. The algorithm uses forward induction and its essence lies in the use of critical periods. Period j following t is the critical period of t if satisfying demands in any subset of the set of periods between t and j, including j and excluding t, from an order in t is not more expensive than satisfying it from an order in a later period and j is the last period with this property. When deciding whether to place an order in period t, all demands from t to its critical period are taken into account.

Tài liệu tham khảo

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