In this paper we present new bounds on the basic cycle time for optimal methods to solve the JRP. They are tighter than the ones reported in Viswanathan [7]. We carry out extensive numerical experiments to compare them and to investigate the computational complexity.

We consider the Capacitated Economic Lot Size problem with piecewise linear production costs and general holding costs, which is an NP-hard problem but solvable in pseudo-polynomial time. A straightforward dynamic programming approach to this problem results in an [TeX: $O(n^2 \bar{c} \bar{d}...