A minimum production lot-size formula for stockless production

A minimum production lot-size formula for stockless production

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Article ID: iaor199039
Country: United States
Volume: 27
Start Page Number: 143
End Page Number: 150
Publication Date: Mar 1986
Journal: Production and Inventory Management Journal
Authors:
Abstract:

Recent books and articles on just-in-time manufacturing, zero inventories, or stockless production emphasize the desirability of small lot sizes, and suggest that the ideal lot size is one unit. This article suggests a formula for determining the lot size when the ideal lot size of one unit is not attainable.

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