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Dynamic lot sizing: Groff procedure

The Single-Level Uncapacitated LotSizing Problem (SLULSP) is computed with the heuristic procedure due to Groff.

Symbols:

t,i indices of periods
s setup costs
h holding costs
D(t) demand in period t
q(t) lot size in period t
v critical value

Assumptions:

  • deterministic dynamic demands
  • deterministic setup costs and holding costs
  • no capacity consideration

Literatur:

- Tempelmeier (2005)


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