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Note--An Improved Algorithm for the Stationary Cost Dynamic Lot Size Model with Backlogging

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  • Thomas E. Morton

    (Carnegie-Mellon University)

Abstract

For the important special case that costs are linear and stationary over time, an improved algorithm is presented for the dynamic lot size model with backlogging which is comparable in difficulty to the standard no-backlogging algorithm. Planning horizon procedures analogous to those given by Lundin-Morton and Blackburn-Kunreuther are also developed. The results are also generalized to the concave cost case.

Suggested Citation

  • Thomas E. Morton, 1978. "Note--An Improved Algorithm for the Stationary Cost Dynamic Lot Size Model with Backlogging," Management Science, INFORMS, vol. 24(8), pages 869-873, April.
    • Handle: RePEc:inm:ormnsc:v:24:y:1978:i:8:p:869-873
    DOI: 10.1287/mnsc.24.8.869
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    Cited by:

    1. Ioannis Ganas & Sotirios Papachristos, 2005. "The Single-Product Lot-Sizing Problem with Constant Parameters and Backlogging: Exact Results, a New Solution, and All Parameter Stability Regions," Operations Research, INFORMS, vol. 53(1), pages 170-176, February.
    2. Suresh Chand & Vernon Ning Hsu & Suresh Sethi, 2002. "Forecast, Solution, and Rolling Horizons in Operations Management Problems: A Classified Bibliography," Manufacturing & Service Operations Management, INFORMS, vol. 4(1), pages 25-43, September.
    3. Vernon Ning Hsu, 2000. "Dynamic Economic Lot Size Model with Perishable Inventory," Management Science, INFORMS, vol. 46(8), pages 1159-1169, August.

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