The dynamic lot size model with quantity discount: Counterexamples and correction

Naval Research Logistics

Volumn 45, Issue 4, 1998, Pages 419-422

  Xu, Jiefeng ^a   Lu, Leonard L ^b  

^a Delta Technology Inc   (United States)

^b AT AND T LABS RESEARCH   (United States)

Author keywords

[No Author keywords available]

Indexed keywords

ALGORITHMS; DYNAMIC PROGRAMMING; INDUSTRIAL ECONOMICS; INVENTORY CONTROL; MATHEMATICAL MODELS; VALUE ENGINEERING;

DYNAMIC LOT SIZE MODEL; QUANTITY DISCOUNT;

LOGISTICS;

EID: 0032099899     PISSN: 0894069X     EISSN: None     Source Type: Journal    
DOI: 10.1002/(SICI)1520-6750(199806)45:4<419::AID-NAV7>3.0.CO;2-8     Document Type: Article

References (5)

1. Bregman, R.L., "An Experimental Comparison of MRP Purchase Discount Methods," Journal of Operational Research Society, 42, 235-245 (1991).
2. Bregman, R.L., and Silver, E.A., "A Modification of the Silver-Meal Heuristic to Handle MRP Purchase Discount Situations," Journal of Operational Research, 44, 717-723 (1993).
3. Federgruen, A., and Lee, C., "The Dynamic Lot Size Model with Quantity Discount," Naval Research Logistics, 37, 707-713 (1990).
4. Silver, E.A., and Peterson, R., Decision Systems for Inventory Management and Production Planning (2nd ed.), Wiley, New York, 1985.
5. Xu, J., Lu, L.L., and Glover, F., "The Deterministic Multi-Item Dynamic Lot Size Problem with Joint Business Volume Discount," Working Paper, Graduate School of Business, University of Colorado at Boulder, Boulder, Colorado, 1996.