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This paper considers the dynamic lot sizing problem of H. M. Wagner and T. M. Whitin with the assumption that the total cost of n setups is a concave nondecreasing function of n. Such setup costs could arise from the worker learning in setups and/or technological improvements in setup methods....
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The logic of Manufacturing Resource Planning (MRP II) is usually implemented in production planning and control systems and therefore has a major impact on the performance of many real production systems. Much of what practitioners complain about, i.e. long lead times, high work-in-process, and...
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