| Article ID: | iaor1991407 |
| Country: | United States |
| Volume: | 30 |
| Start Page Number: | 49 |
| End Page Number: | 52 |
| Publication Date: | Feb 1989 |
| Journal: | Production and Inventory Management Journal |
| Authors: | Pan Andrew C., Liao Chiong-Jong |
| Keywords: | production: JIT |
Potential total cost and savings in a JIT system where long-term purchasing agreements are possible can be determined by this model. It assumes no added costs or shortages, and demand is considered constant. Some useful rules for deciding optimum number of deliveries are provided.