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

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

Research output: Contribution to journalArticle

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 languageEnglish (US)
Pages (from-to)489-494
Number of pages6
JournalICIC Express Letters
Volume3
Issue number3
Publication statusPublished - Sep 2009
Externally publishedYes

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Keywords

  • Capacity
  • Inventory
  • Lot sizing
  • Pricing
  • Profit maximization

ASJC Scopus subject areas

  • Computer Science(all)
  • Control and Systems Engineering

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