Economic Inventory/Transport Lot, Sizing with Quantity and Freight Rate Discounts
โ Scribed by Richard J. Tersine; Samir Barman
- Book ID
- 114758363
- Publisher
- Decision Sciences Institute, Georgia State University
- Year
- 1991
- Tongue
- English
- Weight
- 448 KB
- Volume
- 22
- Category
- Article
- ISSN
- 0011-7315
No coin nor oath required. For personal study only.
๐ SIMILAR VOLUMES
We consider in this paper the coordinated replenishment dynamic lot-sizing problem when quantity discounts are offered. In addition to the coordination required due to the presence of major and minor setup costs, a separate element of coordination made possible by the offer of quantity discounts nee
Federgruen and Lee ([3] ) proposed an optimal algorithm for the single-item dynamic lot size model with all-unit discount. In this note we show that their algorithm fails to find the optimal solution for some special cases. We also provide a modification to the algorithm to handle them.