A comment on: A note on the EOQ-JIT relationship |
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Authors: | S. K. GOYAL MOHAN GOPALAKRISHNAN |
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Affiliation: | Faculty of Commerce and Administration , Concordia University , 1455 de Maisonneuve Blvd. W, Montreal, H3G 1M8, Canada. |
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Abstract: | In a recently published note in this journal the need for independent control of the production rate (R) and production time (L) was established in order to adapt the economic production quantity (EPQ) model in JIT settings. In this comment we aim to improve the relevance of EPQ in a JIT environment. We focus on two issues, namely, modelling the production rate as a decision variable and also deriving an expession for the optimal number of batches (n* ) for the raw materials and/or subcomponents needed. |
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Keywords: | Makespan Flow Shop Parallel Processors |
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