Please use this identifier to cite or link to this item:
Richter, Knut
Okhrin, Irena
Year of Publication: 
Series/Report no.: 
Diskussionspapiere / Europa-Universität Viadrina Frankfurt (Oder), Wirtschaftswissenschaftliche Fakultät 261
The paper deals with the analysis of a special dynamic production and inventory model. In this model logical restrictions to fulfill an accepted constant minimal level of the production lot size are incorporated, instead of keeping setup cost in the objective function, as it is common in many other models. Detailed optimality conditions are derived, which make possible the application of a simple dynamic programming recursion procedure.
dynamic production-inventory model
minimum lot size
dynamic programming
Document Type: 
Working Paper

Files in This Item:

Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.