A robust pricing/lot-sizing model and a solution method based on geometric programming

Sungmook Lim, Woo Je Kim

Research output: Chapter in Book/Report/Conference proceedingConference contributionpeer-review

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 program, which can be efficiently and reliably solved using interior-point methods.

Original languageEnglish
Title of host publicationProceedings - IEEE INDIN 2008
Subtitle of host publication6th IEEE International Conference on Industrial Informatics
Pages808-811
Number of pages4
DOIs
StatePublished - 2008
EventIEEE INDIN 2008: 6th IEEE International Conference on Industrial Informatics - Daejeon, Korea, Republic of
Duration: 13 Jul 200816 Jul 2008

Publication series

NameIEEE International Conference on Industrial Informatics (INDIN)
ISSN (Print)1935-4576

Conference

ConferenceIEEE INDIN 2008: 6th IEEE International Conference on Industrial Informatics
Country/TerritoryKorea, Republic of
CityDaejeon
Period13/07/0816/07/08

Fingerprint

Dive into the research topics of 'A robust pricing/lot-sizing model and a solution method based on geometric programming'. Together they form a unique fingerprint.

Cite this