Wu, Tao and Shi, Leyuan and Geunes, Joseph and Akartunali, Kerem (2011) An optimization framework for solving capacitated multi-level lot-sizing problems with backlogging. European Journal of Operational Research, 214 (2). pp. 428-441. ISSN 0377-2217
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This paper proposes two new mixed integer programming models for capacitated multi-level lot-sizing problems with backlogging, whose linear programming relaxations provide good lower bounds on the optimal solution value. We show that both of these strong formulations yield the same lower bounds. In addition to these theoretical results, we propose a new, effective optimization framework that achieves high quality solutions in reasonable computational time. Computational results show that the proposed optimization framework is superior to other well-known approaches on several important performance dimensions.
|Keywords:||capacitated, multi-level, lot-sizing, backlogging, lower and upper bound guided nested, partitions, Management. Industrial Management, Modelling and Simulation, Management Science and Operations Research, Information Systems and Management|
|Subjects:||Social Sciences > Industries. Land use. Labor > Management. Industrial Management|
|Department:||Strathclyde Business School > Management Science|
|Depositing user:||Pure Administrator|
|Date Deposited:||06 Feb 2012 12:08|
|Last modified:||21 May 2015 13:25|
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