A profit-maximizing economic lot scheduling problem with price optimization
نویسندگان
چکیده
The economic lot scheduling problem (ELSP) is a well known problem that focuses on scheduling the production of multiple items on a single machine such that inventory and setup costs are minimized. In this paper, we extend the ELSP to include price optimization with the objective to maximize profits. A solution approach based on column generation is provided and shown to produce very close to optimal results with short solution times on a set of test problems. The results are discussed and recommendations for further research are provided. 2006 Elsevier B.V. All rights reserved.
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ورودعنوان ژورنال:
- European Journal of Operational Research
دوره 184 شماره
صفحات -
تاریخ انتشار 2008