An optimal batch size for a production system operating under a just-in-time delivery system

Document Type

Article

Publication Date

1-1-1993

Abstract

The model determines an economic manufacturing quantity and recommends a raw material ordering policy to deliver a fixed amount of finished products at a regular interval within the production cycle time. In this paper, we estimate the batch size from the lower bound concept of the JIT delivery amount. An efficient algorithm is developed to compute the optimal or near optimal batch sizes for both manufacturing and raw material ordering policies. Results and computational complexity of the problem are also discussed. © 1993.

Publication Source (Journal or Book title)

International Journal of Production Economics

First Page

255

Last Page

260

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