Stability of the constant cost dynamic lot size model

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20 Citations (Scopus)

Abstract

A mathematical analysis of the dynamic lot size model with constant cost parameters is provided. First, stability regions for so called generalized and optimal solutions are found, which show how the cost input may vary, leaving the solution valid. Based on these results a BAsic dialog program has been designed to display the optimal solution and the stability regions to the decision maker. Secondly, an estimation of the initial optimal solution is given for the case, when the cost inputs leave the stability region.

Original languageEnglish
Pages (from-to)61-65
Number of pages5
JournalEuropean Journal of Operational Research
Volume31
Issue number1
DOIs
Publication statusPublished - Jul 1987

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Scopus subject areas

  • Information Systems and Management
  • Management Science and Operations Research
  • Statistics, Probability and Uncertainty
  • Applied Mathematics
  • Modelling and Simulation
  • Transportation

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