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The dynamic lot size model with quantity discount: Counterexamples and correction

✍ Scribed by Jiefeng Xu; Leonard L. Lu

Publisher: John Wiley and Sons
Year: 1998
Tongue: English
Weight: 34 KB
Volume: 45
Category: Article
ISSN: 0894-069X
DOI: 10.1002/(sici)1520-6750(199806)45:4<419::aid-nav7>3.0.co;2-8

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✦ Synopsis

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.

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