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We consider the economic lot-sizing problem with perishable items (ELS-PI), where each item has a deterministic expiration date. Although all items in stock are equivalent regardless of procurement or expiration date, we allow for an allocation mechanism that defines an order in which the items...
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We consider a firm that markets, procures, and delivers a good with a single selling season in a number of different markets. The price for the good is market-dependent, and each market has an associated demand distribution, with parameters that depend on the amount of marketing effort applied....
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This paper develops effective solution methods for discrete-time, finite-horizon procurement planning problems with economies of scale in procurement, price-sensitive demand, and time-invariant procurement capacities. Our models consider general concave-revenue functions in each time period, and...
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In a recent paper, Fisher et al. (2001) present a method tomitigate end-effects in lot sizing by including a valuation term for end-of-horizon inventory in the objective function of the short-horizon model. Computational tests show that the proposed method outperforms the Wagner-Whitin algorithm...
Persistent link: https://www.econbiz.de/10005144509
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In a recent paper, Fisher et al. (2001) present a method tomitigate end-effects in lot sizing by including a valuation term for end-of-horizon inventory in the objective function of the short-horizon model. Computational tests show that the proposed method outperforms the Wagner-Whitin algorithm...
Persistent link: https://www.econbiz.de/10011256746
Persistent link: https://www.econbiz.de/10008349039
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