Purpose: We aim to examine the capacitated multi-item lot sizing problem which is a typical example of a large bucket model, where many different items can be produced on the same machine in one time period. We propose a new approach to determine the production sequence and lot sizes that...

We propose herein the application of Benders decomposition with stochastic linear programming instead of the mix integer linear programming (MILP) approach to solve a lot sizing problem under uncertain demand, particularly in the case of a large-scale problem involving a large number of...