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Record W2140067350 · doi:10.1287/opre.50.6.1058.350

On the Effectiveness of Zero-Inventory-Ordering Policies for the Economic Lot-Sizing Model with a Class of Piecewise Linear Cost Structures

2002· article· en· W2140067350 on OpenAlexaff
Lap Mui Ann Chan, Ana Muriel, Zuo‐Jun Max Shen, David Simchi‐Levi

Bibliographic record

VenueOperations Research · 2002
Typearticle
Languageen
FieldBusiness, Management and Accounting
TopicSupply Chain and Inventory Management
Canadian institutionsUniversity of Toronto
FundersOffice of Naval ResearchNational Science Foundation
KeywordsHolding costSizingPiecewise linear functionMathematical optimizationZero (linguistics)Class (philosophy)Order (exchange)Average costFunction (biology)Inventory costPiecewiseEconomic order quantityTotal costSet (abstract data type)Unit costComputer scienceUnit (ring theory)MathematicsEconomicsMicroeconomicsBusiness

Abstract

fetched live from OpenAlex

We consider an economic lot-sizing problem with a special class of piecewise linear ordering costs, which we refer to as the class of modified all-unit discount cost functions. Such an ordering cost function represents transportation costs charged by many less-than truckload carriers. We show that even special cases of the lot-sizing problem are NP-hard and therefore analyze the effectiveness of easily implementable policies. In particular, we demonstrate that there exists a zero-inventory-ordering(ZIO) policy, i.e., a policy in which an order is placed only when the inventory level drops to zero, whose total inventory and ordering cost is no more than 4/3 times the optimal cost. Furthermore, if the ordering cost function does not vary over time, then the cost of the best ZIO policy is no more than 5.6/4.6 times the optimal cost. These results hold for any transportation and holding cost functions that satisfy the following properties: (i) they are non decreasing functions, and (ii) the associated cost per unit is non increasing. Finally, we report on a numerical study that shows the effectiveness of ZIO policies on a set of test problems.

Fetched live from OpenAlex and de-inverted. Abstracts are not stored in this database: the inverted indexes are 8.6 GB of the frame’s 9.3 GB of text, and the host has 13 GB free.

How this classification was reachedexpand

Full frame machine prediction

Teacher imitation

Not calibrated prevalence, not ground truth. Human validation pending. The Gemma side is a direct model label for every work in the frame, read from the title-only record. The Codex side is a classifier learned from the 10,348 direct Codex labels and calibrated to design-weighted sample rates; fields without enough sample support carry no Codex call. Candidate is the union of the two sides; consensus is their intersection. These outputs are machine_predicted_unvalidated and are not human labels.

metaresearch head score (Codex)0.004
metaresearch head score (Gemma)0.013
Version: metacan-v3-hybrid-931329e0061cValidation status: machine_predicted_unvalidated
Candidate categoriesnone
Consensus categoriesnone
DomainCandidate signal: none · Consensus signal: none
Study designCandidate signal: Simulation or modeling · Consensus signal: Simulation or modeling
GenreCandidate signal: Empirical · Consensus signal: Empirical
Teacher disagreement score0.005
Threshold uncertainty score0.019

Distilled classifier scores by category (both heads)

CategoryCodexGemma
Metaresearch0.0040.013
Meta-epidemiology (narrow)0.0010.000
Meta-epidemiology (broad)0.0010.001
Bibliometrics0.0010.001
Science and technology studies0.0010.001
Scholarly communication0.0020.002
Open science0.0010.001
Research integrity0.0010.001
Insufficient payload (model declined to judge)0.0020.000

Machine scores (provisional)

The two teacher heads of the student model, read on this work. A score orders the frame for review; it never asserts a category, and the validation status ships verbatim with every row.

Baseline scores from an immature model (maturity gate not passed, 7 training rounds). Scores rank; they never assert a category.

Opus teacher head0.104
GPT teacher head0.324
Teacher spread0.221 · how far apart the two teachers sit on this one work
Validation statusscore_only:v0-immature-baseline · verbatim from the scoring run: score_only means the number may rank works, and no category label ships from it

Classification

machine, unvalidated

Machine predicted; a candidate call from one source (direct Gemma or distilled Codex), not a consensus.

The models applied no category: nothing in the taxonomy fit this work.
Study designSimulation or modeling
Domainnot available
GenreEmpirical

How this classification was reached, model by model and score by score, is at the end of the page under "How this classification was reached".

Quick stats

Citations83
Published2002
Admission routes1
Has abstractyes

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