DOI

The set of cost inputs for which an optimal solution of the dynamic lot size model remains valid is called stability region. The size of this region may be viewed as a measure of robustness of a solution. It is an expectation that the stability regions shrink with growing time horizons and that they are monotonous in this sense. In the present paper several sufficient conditions implying monotonicity will be studied. The conditions cover the existence of planning and forecast horizons and generalize the results of a previous paper in wich monotonicity results were presented for the case of ordinary planning horizons.

Original languageEnglish
Pages (from-to)197-203
Number of pages7
JournalOR Spektrum
Volume15
Issue number4
DOIs
StatePublished - 1 Dec 1994
Externally publishedYes

    Research areas

  • dynamic programming, Inventory, stability

    Scopus subject areas

  • Management Science and Operations Research

ID: 48976626