The dynamic lotsizing problem concerns the determination of optimally produced/delivered batch quantities, when demand, which is to be satisfied, is distributed over time in different amounts at different times. The standard formulation assumes that these batches are provided instantaneously,...

The dynamic lotsizing problem concerns the determination of optimal batch quantities, when given required amounts appear at discrete points in time. The standard formulation assumes that no shortages are allowed and that replenishments are made instantaneously.