The Effects of Learning on Optimal Lot Size Determination—Single Product Case
- 1 March 1974
- journal article
- research article
- Published by Taylor & Francis in A I I E Transactions
- Vol. 6 (1) , 14-20
- https://doi.org/10.1080/05695557408974927
Abstract
In this article the effects of learning on production lot sizing models are analyzed for the single product case. A general equation is developed for the average production time per unit, for producing the the annual demand in batches with some percentage of learning not retained between lots. Two models are developed, the first restricted to equal lot sizes and the second restricted to equal production intervals. A sample problem is solved to demonstrate the applications of learning to lot size determination.Keywords
This publication has 3 references indexed in Scilit:
- Learning Considerations with Economic Order QuantityA I I E Transactions, 1972
- SOME IMPROVEMENT CURVE THEORYInternational Journal of Production Research, 1970
- Effects of Learning on Optimal Lot SizeManagement Science, 1966