4.2 Article

An O(N2)-time algorithm for the stochastic uncapacitated lot-sizing problem with random lead times

Journal

OPERATIONS RESEARCH LETTERS
Volume 39, Issue 1, Pages 74-77

Publisher

ELSEVIER
DOI: 10.1016/j.orl.2010.10.004

Keywords

Random lead time; Dynamic programming; Stochastic programming; Lot-sizing

Funding

  1. US National Science Foundation [CMMI-0942154, CMMI-0942156]

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In this paper, we develop a dynamic programming algorithm for the scenario-tree-based stochastic uncapacitated lot-sizing problem with random lead times. Our algorithm runs in O(N-2) time, where N is the input size of the scenario tree, and improves the recently developed algorithm that runs in O(N-3) time. Published by Elsevier B.V.

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