The amount of inventory available for purchase at a lower cost.
Related information about economic lot size:
- What is economic lot size? definition and meaning
Definition of economic lot size: Quantity of material or units of a manufactured good that can be produced or purchased within the lowest unit cost range.
- Economic-Lot-Size Formulas in Manufacturing - JStor
Economic-lot-size formulas result in order quantities that minimize com- ... lems, economic-lot-size formulas may result in unrealizable schedules-in ...
- The Economic Lot Size Model ...{Strategos}
Article reviews the economic lot size model. Further articles explain why it is still useful as PART of the lot sizing decision.
- Economic Lot Size - Encyclopedia - The Free Dictionary
economic lot size [‚ek·ə′näm·ik ′lät ‚sīz]. (industrial engineering). The number of units of a product or item to be manufactured at each setup or purchased on ...
- economic lot size: Definition from Answers.com
economic lot size ( eknmik lt sz ) ( industrial engineering ) The number of units of a product or item to be manufactured at each setup or purchased on.
- The economic lot size and relevant costs
The economic lot size and relevant costs. Michael Corbey and Rutger Jansen. Graduate School of' Industrial Engineering and Marqqement Science,. Emdhoven ...
- Is Economic Lot Size Dead? | Lean Six Sigma Academy
Jun 16, 2009 ... On page 19 of Shigeo Shingo's masterpiece A Revolution in Manufacturing: The SMED System he writes an extremely strong statement: In fact, ...
- Economic order quantity - Wikipedia, the free encyclopedia
Economic order quantity is the order quantity that minimizes total inventory holding costs and ordering costs. It is one of the oldest classical production ...