A Note of the Deterministic Demand Multi-Product Single-Machine Lot Scheduling Problem.
MASSACHUSETTS INST OF TECH CAMBRIDGE OPERATIONS RESEARCH CENTER
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This note considers two single-machine multi-product scheduling problems with deterministic demand that have appeared in the management science literature the economic lot scheduling problem and the joint replenishment problem. These problems are shown to be equivalent. In addition, they are shown to be equivalent to a one-warehouse, several-retailer inventory problem for which exists an efficient branch and bound solution procedure. Author
- Economics and Cost Analysis