A Note on Economic Lot Sizes for Multi-Purpose Equipment

L. H. Krone, Jr.
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L. H. Krone, Jr.: Monsanto Chemical Company, St. Louis

Management Science, 1964, vol. 10, issue 3, 461-464

Abstract: The static deterministic inventory model has been extended to the problem of multi-purpose equipment scheduling. The cycle time which will minimize the sum of inventory, backorder, and setup charges is determined.

Date: 1964
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