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