| Article ID: | iaor1996403 |
| Country: | Netherlands |
| Volume: | 59 |
| Issue: | 2 |
| Start Page Number: | 313 |
| End Page Number: | 318 |
| Publication Date: | Jun 1992 |
| Journal: | European Journal of Operational Research |
| Authors: | Hong Jae-Dong, Hayya Jack C. |
In this paper, the authors develop an exact solution procedure for finding the optimal inventory policies and for grouping the raw materials into a few groups. This is under the provision of a common order cycle for a single-product manufacturing system where the raw materials used for manufacturing it are procured from outside sources. The authors also present a numerical example.