LSP - Lot Sizing Problem Sample Clauses

LSP - Lot Sizing Problem. The objective of the Lot Sizing Problem is to find the minimal cost for producing products such that the demand for each period is met, and considers the setup costs, inventory holding cost, production capacity and other costs that may apply to the production. This problem is NP-hard if there are multiple periods and products. In order to apply to real world situations the LSP has a number of extensions. These extensions constrains the original problem. As a result the complexity increases and the new problem is harder to solve.
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Related to LSP - Lot Sizing Problem

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