Abstract
This paper proposes two new mixed integer programming models for capacitated multi-level lot-sizing problems with backlogging, whose linear programming relaxations provide good lower bounds on the optimal solution value. We show that both of these strong formulations yield the same lower bounds. In addition to these theoretical results, we propose a new, effective optimization framework that achieves high quality solutions in reasonable computational time. Computational results show that the proposed optimization framework is superior to other well-known approaches on several important performance dimensions.
Original language | English |
---|---|
Pages (from-to) | 428-441 |
Number of pages | 14 |
Journal | European Journal of Operational Research |
Volume | 214 |
Issue number | 2 |
Early online date | 5 May 2011 |
DOIs | |
Publication status | Published - 16 Oct 2011 |
Keywords
- capacitated
- multi-level
- lot-sizing
- backlogging
- lower and upper bound guided nested
- partitions