| Article ID: | iaor1991413 |
| Country: | United States |
| Volume: | 30 |
| Start Page Number: | 44 |
| End Page Number: | 47 |
| Publication Date: | Apr 1989 |
| Journal: | Production and Inventory Management Journal |
| Authors: | Christoph Orinda Byrd |
This is a step-by-step procedure for applying the ‘MOM’ lot-sizing rule in material requirements planning with the availability of multiple purchase discounts. This is one of the most effective rules at minimizing total cost of purchasing ordering and holding inventory.