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Erschienen in:
1972 | OriginalPaper | Buchkapitel
Variants of the simple batch size formula
verfasst von : R. N. van Hees, W. Monhemius
Erschienen in: Production and Inventory Control: Theory and Practice
Verlag: Macmillan Education UK
Enthalten in: Professional Book Archive
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The stock variation associated with production for stock and with abrupt replenishment of the stock with a batch size Q* has been described earlier. It was then assumed that the stock replenishment takes place in a very short time, or in other words that the ratio of the rate of usage (D) to the rate of production (P) is zero (D/P = 0), D representing the usage per time unit and P the production per time unit (e.g. per year). In reality the production of a replenishment order may take some time, so that this assumption is no longer valid.