A warehouse has a fixed capacity C and an initial stock s0 of a certain product that is subject to known seasonal fluctuations in selling price and cost. The problem is to determine the optimal pattern of purchases, storage, and sales for the next n months. The problem can be formulated as a linear-programming problem. Its dual has an interesting form that enables the dual solution to be determined readily.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
Editor information
Editors and Affiliations
Rights and permissions
Copyright information
© 2013 Springer Science+Business Media New York
About this entry
Cite this entry
(2013). Warehouse Problem. In: Gass, S.I., Fu, M.C. (eds) Encyclopedia of Operations Research and Management Science. Springer, Boston, MA. https://doi.org/10.1007/978-1-4419-1153-7_200914
Download citation
DOI: https://doi.org/10.1007/978-1-4419-1153-7_200914
Published:
Publisher Name: Springer, Boston, MA
Print ISBN: 978-1-4419-1137-7
Online ISBN: 978-1-4419-1153-7
eBook Packages: Business and Economics