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Keywords:
heuristics; lot-sizing; dynamic pricing; specialized algorithm for LP's
heuristics; lot-sizing; dynamic pricing; specialized algorithm for LP's
Summary:
This paper proposes a specialized LP-algorithm for a sub problem arising in simple Profit maximising Lot-sizing. The setting involves a single (and multi) item production system with negligible set-up costs/times and limited production capacity. The producer faces a monopolistic market with given time-varying linear demand curves.
References:
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