In this paper, we consider a version of the Economic Lot Scheduling Problem in which there are no costs specified. The usual form of this problem seeks a pattern of production that minimizes the sum of holding the setup costs. We investigate the problem of finding a feasible schedule which avoids a stockout given the initial stocks of the products being manufactured. It is shown that this problem is NP-hard, and an effective heuristic method for its solution is proposed. This heuristic method is compared with a more naive approach to the problem and some computational results are given.
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Edward Anderson (1990) studied this question.
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