"Combining the Learning Curve Concept with Economic Lot Sizing" by James C. Goodwin Jr. and Jack S. Goodwin
 

Document Type

White Paper

Publication Date

1986

Abstract

Simple concepts familiar to most operations management students are frequently not integrated as a result of the complexity generated by their combination. This expository note demonstrates a method for combining the economic lot size concept with the learning curve and using a simple computer algorithm for solution purposes. It avoids the traditional trade-off of reality and accuracy for expediency.

Included in

Business Commons

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