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| Author: | Bitran, G. R. Matsuo, H. |
| Title: | Multi-item capacitated lot size problem. |
| Journal: | Management Science
1986 : MAR, VOL. 32:3, p. 350-360 |
| Index terms: | LOT-SIZE MODEL HEURISTIC METHODS |
| Language: | eng |
| Abstract: | An approximation scheme for the multi-item lot size problem is discussed. It is based on an optimal basic solution of a linear programming problem derived from the original problem. The approximate solution is obtained by taking a linear convex combination of the optimal solution of the linear programming problem. Error bounds of the approximation are expressed as a function of some parameters that can be easily estimated in practice. The analysis is extended to a variable capacity problem with overtime. |
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