Journal article
On stochastic lot-sizing problems with random lead times
Abstract
We give multi-stage stochastic programming formulations for lot-sizing problems where costs, demands and order lead times follow a general discrete-time stochastic process with finite support. We characterize the properties of an optimal solution and give a dynamic programming algorithm, polynomial in the scenario tree size, when orders do not cross in time.
Authors
Huang K; Küçükyavuz S
Journal
Operations Research Letters, Vol. 36, No. 3, pp. 303–308
Publisher
Elsevier
Publication Date
5 2008
DOI
10.1016/j.orl.2007.10.009
ISSN
0167-6377