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Wagner-Whitin Algorithm Explained | Dynamic Lot-Sizing Using Dynamic Programming (Step-by-Step)
Master the Wagner-Whitin Algorithm — a powerful dynamic programming method for solving dynamic lot-sizing problems! In this detailed tutorial, we explore how to determine optimal order or production quantities over a multi-period planning horizon to minimize total cost (ordering + holding costs). 📘 What you’ll learn: 🔹 What is the ...
9.2K viewsJul 15, 2023
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