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A computational study of the local cuts from two-period convex hull closures for big-bucket lot-sizing problems

Fragkos, Ioannis and Akartunali, Kerem (2014) A computational study of the local cuts from two-period convex hull closures for big-bucket lot-sizing problems. In: International Workshop on Lot-Sizing (IWLS) 2014, 2014-08-27 - 2014-08-29.

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Abstract

We study the big-bucket capacitated lot sizing problem with setup times. We use the novel methodology of Akartunali et al. (2014) that exploits two-period relaxations of the formulation in order to generate inequalities that cut-off the optimal solution of the linear programming relaxation. Our approach applies column generation in an unconventional way, with the master problem being a distance minimizing formulation and the subproblems being combina-torial two-period relaxations of the original problem. We identify a lower bound of the dimensionality of the generated cuts and provide extensive computational experiments that show how the generated bounds compare with other state-of- the-art approaches. Our results show that, for certain classes of problems, the bound improvement is considerable.

Item type: Conference or Workshop Item (Paper)
ID code: 51975
Keywords: convex hull closures, lot-sizing problems, two-period relaxations, Manufactures, Industrial and Manufacturing Engineering, Control and Optimization
Subjects: Technology > Manufactures
Department: Strathclyde Business School > Management Science
Depositing user: Pure Administrator
Date deposited: 27 Feb 2015 10:18
Last modified: 21 Sep 2017 16:04
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URI: https://strathprints.strath.ac.uk/id/eprint/51975
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