Construct · 1 fields · 1 citations

Wagner-Whitin algorithm: a standalone construct

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Operations research

a dynamic programming method for choosing order quantities over periods of known but varying demand at minimum cost.

In operations research, Wagner-Whitin algorithm refers to a dynamic programming method for choosing order quantities over periods of known but varying demand at minimum cost. This meaning comes from Wagner (1958) in Management Science.[1]

Unit
Recovery means
Measured by

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Nearby constructs

cost4 fields · 4 citationsjingle · one word, four constructs demand4 fields · 4 citationsjingle · one word, four constructs dynamic programming1 fields · 1 citationsanchor · a standalone construct

References

Wagner, H. M., & Whitin, T. M. (1958). Dynamic Version of the Economic Lot Size Model. Management Science, 5(1), 89-96. https://doi.org/10.1287/mnsc.5.1.89

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