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Original Articles

A combined heuristic approach to dynamic lot sizing problems

Pages 2063-2074 | Published online: 30 Mar 2007
 

Abstract

A combined heuristic approach for dynamic lot sizing problems has been proposed. The combined heuristic is based on the performance analysis of the Silver-Meal heuristic on different problem sizes and demand patterns. The heuristic performs extremely well on average, and has a worst case performance ratio of two.

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