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| Author: | Richter, K. |
| Title: | Stability of the constant cost dynamic lot size model. |
| Journal: | European Journal of Operational Research
1987 : JUL, VOL. 31:1, p. 61-65 |
| Index terms: | DYNAMIC PROGRAMMING INVENTORIES LOT-SIZE MODEL |
| Language: | eng |
| Abstract: | A mathematical analysis of the dynamic lot size model with constant cost parameters is provided. First, stability regions for so called generalized and optimal solutions are found, which show how the cost input may vary, leaving the solution valid. Based on these results a BASIC dialog program has been designed to display the optimal solution and the stability regions to the decision maker. Secondly, an estimation of the initial optimal solution is given for the case, when the cost inputs leave the stability region. |
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