Abstract
Tempelmeier and Hilger (2015) study the stochastic dynamic lot sizing problem with multiple items and limited capacity.
They propose a linear optimization formulation for the problem based on a piece-wise linear approximation of the nonlinear functions for the expected backorders and the expected inventory position. Our work builds on Tempelmeier and
Hilger (2015). We correct an erroneous derivation of the linear optimization problem and propose an improved model.
They propose a linear optimization formulation for the problem based on a piece-wise linear approximation of the nonlinear functions for the expected backorders and the expected inventory position. Our work builds on Tempelmeier and
Hilger (2015). We correct an erroneous derivation of the linear optimization problem and propose an improved model.
| Original language | English |
|---|---|
| Place of Publication | Eindhoven |
| Publisher | Technische Universiteit Eindhoven |
| Number of pages | 5 |
| Publication status | Published - 1 May 2016 |
| Externally published | Yes |
Publication series
| Name | BETA working paper series |
|---|---|
| Volume | 508 |