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The capacitated Lot Sizing model: A powerful tool for logistics decision making

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  • Bruno, Giuseppe
  • Genovese, Andrea
  • Piccolo, Carmela

Abstract

Starting from the seminal intuitions that led to the developments of the Economic Order Quantity model and of the formulation of the Dynamic Lot Sizing Problem, inventory models have been widely employed in the academic literature and in corporate practice to solve a wide range of theoretical and real-world problems, as, through simple modifications to the original models, it is possible to accommodate and describe a broad set of situations taking place in complex supply chains and logistics systems.

Suggested Citation

  • Bruno, Giuseppe & Genovese, Andrea & Piccolo, Carmela, 2014. "The capacitated Lot Sizing model: A powerful tool for logistics decision making," International Journal of Production Economics, Elsevier, vol. 155(C), pages 380-390.
    • Handle: RePEc:eee:proeco:v:155:y:2014:i:c:p:380-390
    DOI: 10.1016/j.ijpe.2014.03.008
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    2. Yajaira Cardona-Valdés & Samuel Nucamendi-Guillén & Rodrigo E. Peimbert-García & Gustavo Macedo-Barragán & Eduardo Díaz-Medina, 2020. "A New Formulation for the Capacitated Lot Sizing Problem with Batch Ordering Allowing Shortages," Mathematics, MDPI, vol. 8(6), pages 1-16, June.

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