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Showing 1 to 1 of 1 for “"Backlogging penalty"”.
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Dynamic Lot Sizing and Scheduling in a Multi-Item Production System
… and setup costs, setup carryover and variable backlogging. The objective is to simultaneously determine the lot size and the sequence of production runs in each period to minimize the sum of setup, inventory, and backlogging costs.</p> <p>The research here is motivated by observations of a real …