The Most Economical Production Lot¶
Taft, E. W. (1918). The Most Economical Production Lot. Iron Age, 101, 1410-1412.
Cited by¶
2 citations across 2 artifacts.
Each citation links to the sentence it supports in the citing article.
Domain-specific¶
- Economic Order Quantity
- Finished-goods and raw-materials replenishment — sizing the cycle-stock lot that minimizes ordering plus holding cost, the formula's home application. Retail ordering cadence — how often and how much to reorder a SKU, with order quantities rounded to pallet or truckload almost free given the flat-bottomed optimum. Warehouse cycle-stock policy — setting the recurring batch held between replenishments, kept distinct from the safety stock EOQ does not size. Manufacturing (economic production quantity) — the identical structure with the per-order term reinterpreted as a line changeover and holding on work-in-process, the quantitative basis for the SMED/lean drive to smaller, more frequent runs
Supported in partVerified against a saved copy of the source
“A variable {{{cost}}} caused by the interest on the surplus stock and the rental {{{cost}}} of the storage space”
- Finished-goods and raw-materials replenishment — sizing the cycle-stock lot that minimizes ordering plus holding cost, the formula's home application. Retail ordering cadence — how often and how much to reorder a SKU, with order quantities rounded to pallet or truckload almost free given the flat-bottomed optimum. Warehouse cycle-stock policy — setting the recurring batch held between replenishments, kept distinct from the safety stock EOQ does not size. Manufacturing (economic production quantity) — the identical structure with the per-order term reinterpreted as a line changeover and holding on work-in-process, the quantitative basis for the SMED/lean drive to smaller, more frequent runs
Mechanisms¶
- Production Lot Size Review
- It is the mechanism that keeps lot sizes from ossifying into inherited habit long after changeover times or demand have changed, and it is the right home for the economic-production-quantity trade-off when production and consumption overlap and pure EOQ's assumptions bend.
This sourceDocuments the right home for the economic-production-quantity trade-off; production and consumption overlap; pure EOQ's assumptions bend.
- It is the mechanism that keeps lot sizes from ossifying into inherited habit long after changeover times or demand have changed, and it is the right home for the economic-production-quantity trade-off when production and consumption overlap and pure EOQ's assumptions bend.
Verification¶
Does it exist? Not checked yet. This entry carries no identifier to resolve. It was extracted from the citation as written in the article, normalized, and deduplicated against the rest of the registry.
Does it back the claim? Read against the text for 1 of 2 citations: 1 supported in part. Each verdict is shown under its citation below, with what in the work backs the sentence.
Support is checked per citation rather than per work — the same source can be cited soundly in one article and wrongly in another. Per-citation recording began recently, so a citation with no recorded check is a gap in the record rather than evidence it went unchecked.
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