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A single-item economic lot-sizing problem with a non-uniform resource: Approximation

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  • Chubanov, Sergei
  • Kovalyov, Mikhail Y.
  • Pesch, Erwin

Abstract

We study a generalization of the classical single-item capacitated economic lot-sizing problem to the case of a non-uniform resource usage for production. The general problem and several special cases are shown to be non-approximable with any polynomially computable relative error in polynomial time. An optimal dynamic programming algorithm and its approximate modification are presented for the general problem. Fully polynomial time approximation schemes are developed for two NP-hard special cases: (1) cost functions of total production are separable and holding and backlogging cost functions are linear with polynomially related slopes, and (2) all holding costs are equal to zero.

Suggested Citation

  • Chubanov, Sergei & Kovalyov, Mikhail Y. & Pesch, Erwin, 2008. "A single-item economic lot-sizing problem with a non-uniform resource: Approximation," European Journal of Operational Research, Elsevier, vol. 189(3), pages 877-889, September.
    • Handle: RePEc:eee:ejores:v:189:y:2008:i:3:p:877-889
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    5. Jing, Fuying & Chao, Xiangrui, 2021. "A dynamic lot size model with perishable inventory and stockout," Omega, Elsevier, vol. 103(C).
    6. Xu, Zhou, 2012. "A strongly polynomial FPTAS for the symmetric quadratic knapsack problem," European Journal of Operational Research, Elsevier, vol. 218(2), pages 377-381.

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