Article ID: | iaor1990126 |
Country: | United States |
Volume: | 27 |
Start Page Number: | 47 |
End Page Number: | 56 |
Publication Date: | Mar 1986 |
Journal: | Production and Inventory Management Journal |
Authors: | Taylor Sam G., Bolander Steven F. |
A technique for scheduling a family of items which share a major setup cost is presented. When one item in a family reaches its time-phased order point, a production run of all items will be scheduled. The procedure calculates the production quantities for each item so that all items reach their time-phased order points simultaneously. This balancing of the product mix tends to minimize inventory.