Lot Sizing: Single level small bucket with two items
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Problem type: MIP (small)
Description: Lot-sizing problems are production planning problems in which the periods are a priori, and production of an item in a given period implies some discrete event such as payment of a cost or the loss of a amount of production capacity, due to placement of an order, or the set-up, startup, or changeover of a machine.
References: Problem vpm5 from: Belvaux, G., L.A. Wolsey, Lotsizelib: A library of models and matrices for lot-sizing problems, Core discussion paper, Universite Catholique de Louvain, 1999.