Keywords

#dynamic_lot-size_model

Dynamic lot-size model

Mathematical model in economics

The dynamic lot-size model in inventory theory, is a generalization of the economic order quantity model that takes into account that demand for the product varies over time. The model was introduced by Harvey M. Wagner and Thomson M. Whitin in 1958.

Wed 17th

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Dynamic lot-size model Economic order quantity Base stock model Silver–Meal heuristic Newsvendor model Outline of production Harvey M. Wagner Dynamic array Inventory theory Albert Wagelmans
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