Löhndorf, Nils; Riel, Manuel; Minner, Stefan - In: International Journal of Production Economics 157 (2014) C, pp. 170-176
We consider the stochastic economic lot scheduling problem (SELSP) with lost sales and random demand where switching between products is subject to sequence-dependent setup times. We propose a solution based on simulation optimization using an iterative two-step procedure which combines global...