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A Few Remarks on the Assortment Problem

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  • Wieslaw Sadowski

Abstract

The paper deals with the assortment problem in a particular case -- that of structural steel beams. Using the dynamic programming technique we show that this assortment problem is equivalent to the economic lot size problem and also to the routing problem.

Suggested Citation

  • Wieslaw Sadowski, 1959. "A Few Remarks on the Assortment Problem," Cowles Foundation Discussion Papers 67, Cowles Foundation for Research in Economics, Yale University.
  • Handle: RePEc:cwl:cwldpp:67
    Note: CFP 142.
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    File URL: http://cowles.yale.edu/sites/default/files/files/pub/d00/d0067.pdf
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    Cited by:

    1. Nils Boysen & Armin Scholl, 2008. "A general solution framework for component commonality problems," Jena Research Papers in Business and Economics - Working and Discussion Papers (Expired!) 12/2008, Friedrich-Schiller-University Jena, School of Economics and Business Administration.
    2. Pentico, David W., 2008. "The assortment problem: A survey," European Journal of Operational Research, Elsevier, vol. 190(2), pages 295-309, October.
    3. Holthaus, Oliver, 2003. "On the best number of different standard lengths to stock for one-dimensional assortment problems," International Journal of Production Economics, Elsevier, vol. 83(3), pages 233-246, March.
    4. Yu, Yimin & Shou, Biying & Ni, Yaodong & Chen, Li, 2017. "Optimal production, pricing, and substitution policies in continuous review production-inventory systems," European Journal of Operational Research, Elsevier, vol. 260(2), pages 631-649.
    5. Gnanendran, K. & Ho, J. K. & Sundarraj, R. P., 2003. "Stock selection heuristics for interdependent items," European Journal of Operational Research, Elsevier, vol. 145(3), pages 585-605, March.
    6. Bitran, Gabriel R. & Leong, Thin-Yin., 1989. "Co-production of substitutable products," Working papers 3097-89., Massachusetts Institute of Technology (MIT), Sloan School of Management.

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