Accession Number : AD0673422
Title : A CONVEX PROGRAMMING APPROACH TO THE MULTIPLE CONSTRAINT INVENTORY PROBLEM.
Descriptive Note : Themis optimization research program,
Corporate Author : TEXAS A AND M UNIV COLLEGE STATION DEPT OF INDUSTRIAL ENGINEERING
Personal Author(s) : Lamberson,Leonard R.
Report Date : 31 MAY 1968
Pagination or Media Count : 54
Abstract : The calculation of economic lot sizes with more than one constraint on the system is a recognized problem in inventory control theory. This paper presents a simplex like solution procedure. The algorithm as presented can be readily adapted to other constraints which may arise in a specific application. The essential conditions for application are that the nonlinear constraints and/or objective function be differentiable, convex functions. (Author)
Descriptors : (*INVENTORY CONTROL, MATHEMATICAL PROGRAMMING), (*COMPUTER PROGRAMS, INVENTORY CONTROL), OPTIMIZATION, MATRICES(MATHEMATICS), FLOW CHARTING, ALGORITHMS, PROBLEM SOLVING, MANAGEMENT PLANNING AND CONTROL
Subject Categories : Operations Research
Computer Programming and Software
Distribution Statement : APPROVED FOR PUBLIC RELEASE