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A Robust Pricing/Lot-sizing Model and A Solution Method Based on Geometric ProgrammingA Robust Pricing/Lot-sizing Model and A Solution Method Based on Geometric Programming

Other Titles
A Robust Pricing/Lot-sizing Model and A Solution Method Based on Geometric Programming
Authors
임성묵
Issue Date
2008
Publisher
한국경영과학회
Keywords
Robust Optimization; Pricing/Lot-sizing Model; Geometric Programming
Citation
MSFE, v.14, no.2, pp.13 - 23
Indexed
KCI
Journal Title
MSFE
Volume
14
Number
2
Start Page
13
End Page
23
URI
https://scholar.korea.ac.kr/handle/2021.sw.korea/124583
ISSN
2287-2043
Abstract
The pricing/lot-sizing problem of determining the robust optimal order quantity and selling price is discussed. The uncertainty of parameters characterized by an ellipsoid is explicitly incorporated into the problem. An approximation scheme is proposed to transform the problem into a geometric pro-gram, which can be efficiently and reliably solved using interior-point methods.
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