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| Author: | Aksen, D. Altinkemer, K. Chand, S. |
| Title: | The single-item lot-sizing problem with immediate lost sales |
| Journal: | European Journal of Operational Research
2003 : JUN, VOL. 147:3, p. 558-566 |
| Index terms: | Production management Production models PROFIT |
| Language: | eng |
| Abstract: | The authors introduce a profit maximization version of the well-known Wagner-Whitin model for the deterministic uncapacitated single-item lot-sizing problem with lost sales. Costs and selling prices are assumed to be time-variant, differentiating the model from previous models with lost sales. Production quantities and levels of lost sales in different periods represent a twofold decision problem. |
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