A Simple Forward Algorithm to Solve General Dynamic Lot Sizing Models with n Periods in O(n log n) or O(n) Time: Minimal Optimal Predecessor Lists Are Characterized by Strictly Increasing BreakpointsResearch Paper
The dynamic lot size model asks when, and how much, to order of a single item over a planning horizon of periods with known, time-varying demands, setup costs, unit order costs and holding costs. It is the textbook model of production planning and the building block of material requirements planning, multi-item scheduling and many decomposition schemes…