Class: ULSAlgorithms.Heuristics.SilverMealSolver
Family: Average-cost
Time: O(T)
Memory: O(T)
Applicability: Stationary setup, production and relevant holding costs
Silver–Meal is a fast ULS heuristic in the Average-cost family. It constructs a feasible replenishment plan without claiming an optimality proof. Use it only when the documented applicability conditions match the instance.
Silver & Meal (1973), A Heuristic for Selecting Lot Size Quantities for the Case of a Deterministic Time-Varying Demand Rate and Discrete Opportunities for Replenishment, Production and Inventory Management 14(2), 64-74
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