Sensitivity Analysis of the Economic Lot-Sizing Problem

In this paper we study sensitivity analysis of the uncapacitated single level economic lot-sizing problem, which was introduced by Wagner and Whitin about thirty years ago. In particular we are concerned with the computation of the maximal ranges in which the numerical problem parameters may vary in...

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Main Authors: Van Hoesel, Stan, Wagelmans, Albert
Format: Working Paper
Language:en_US
Published: Massachusetts Institute of Technology, Operations Research Center 2004
Subjects:
Online Access:http://hdl.handle.net/1721.1/5146
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author Van Hoesel, Stan
Wagelmans, Albert
author_facet Van Hoesel, Stan
Wagelmans, Albert
author_sort Van Hoesel, Stan
collection MIT
description In this paper we study sensitivity analysis of the uncapacitated single level economic lot-sizing problem, which was introduced by Wagner and Whitin about thirty years ago. In particular we are concerned with the computation of the maximal ranges in which the numerical problem parameters may vary individually, such that a solution already obtained remains optimal. Only recently it was discovered that faster algorithms than the Wagner-Whitin algorithm exist to solve the economic lot-sizing problem. Moreover, these algorithms reveal that the problem has more structure than was recognized so far. When performing the sensitivity analysis we exploit these newly obtained insights.
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spelling mit-1721.1/51462019-04-10T16:52:59Z Sensitivity Analysis of the Economic Lot-Sizing Problem Van Hoesel, Stan Wagelmans, Albert economic lot-sizing, sensitivity analysis In this paper we study sensitivity analysis of the uncapacitated single level economic lot-sizing problem, which was introduced by Wagner and Whitin about thirty years ago. In particular we are concerned with the computation of the maximal ranges in which the numerical problem parameters may vary individually, such that a solution already obtained remains optimal. Only recently it was discovered that faster algorithms than the Wagner-Whitin algorithm exist to solve the economic lot-sizing problem. Moreover, these algorithms reveal that the problem has more structure than was recognized so far. When performing the sensitivity analysis we exploit these newly obtained insights. 2004-05-28T19:25:13Z 2004-05-28T19:25:13Z 1990-11 Working Paper http://hdl.handle.net/1721.1/5146 en_US Operations Research Center Working Paper;OR 238-90 1478756 bytes application/pdf application/pdf Massachusetts Institute of Technology, Operations Research Center
spellingShingle economic lot-sizing, sensitivity analysis
Van Hoesel, Stan
Wagelmans, Albert
Sensitivity Analysis of the Economic Lot-Sizing Problem
title Sensitivity Analysis of the Economic Lot-Sizing Problem
title_full Sensitivity Analysis of the Economic Lot-Sizing Problem
title_fullStr Sensitivity Analysis of the Economic Lot-Sizing Problem
title_full_unstemmed Sensitivity Analysis of the Economic Lot-Sizing Problem
title_short Sensitivity Analysis of the Economic Lot-Sizing Problem
title_sort sensitivity analysis of the economic lot sizing problem
topic economic lot-sizing, sensitivity analysis
url http://hdl.handle.net/1721.1/5146
work_keys_str_mv AT vanhoeselstan sensitivityanalysisoftheeconomiclotsizingproblem
AT wagelmansalbert sensitivityanalysisoftheeconomiclotsizingproblem