Azaron, Amir; Tang, Ou; Tavakkoli-Moghaddam, Reza - In: International Journal of Production Economics 120 (2009) 2, pp. 607-612
This paper develops a polynomial algorithm for obtaining dynamic economic lot sizes in a single product multiperiod production system with the objective of minimizing total production and inventory costs over T periods. It is assumed that production costs are linear, inventory costs are concave,...