A heuristic approach to a lot sizing and pricing multiproduct, multiperiodand discrete time model

Rosa G. González-Ramírez; Neale R. Smith; Ronald G. Askin

A heuristic approach to a lot sizing and pricing multiproduct, multiperiodand discrete time model

Rosa G. González-Ramírez, Neale R. Smith, Ronald G. Askin

Research output: Contribution to journal › Article › peer-review

Abstract

This work presents an optimization method to solve a multi productcapacitated lot sizing problem with pricing. In this way, prices and inventorydecisions are coordinated. A heuristic methodology based on a modified versionof a Dantzig-Wolfe decomposition approach is proposed. Experimental results incomparison to CPLEX 11.1 are reported. ICIC International

Original language	English (US)
Pages (from-to)	489-494
Number of pages	6
Journal	ICIC Express Letters
Volume	3
Issue number	3
State	Published - Sep 2009
Externally published	Yes

Keywords

Capacity
Inventory
Lot sizing
Pricing
Profit maximization

ASJC Scopus subject areas

Control and Systems Engineering
Computer Science(all)

Cite this

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AB - This work presents an optimization method to solve a multi productcapacitated lot sizing problem with pricing. In this way, prices and inventorydecisions are coordinated. A heuristic methodology based on a modified versionof a Dantzig-Wolfe decomposition approach is proposed. Experimental results incomparison to CPLEX 11.1 are reported. ICIC International

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KW - Inventory

KW - Lot sizing

KW - Pricing

KW - Profit maximization

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A heuristic approach to a lot sizing and pricing multiproduct, multiperiodand discrete time model

Abstract

Keywords

ASJC Scopus subject areas

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