Cost Bounds for Inventory Systems Approaching JIT

The literature on the close to just‐in‐time (JIT) problems of conditions already exists. However, most of it is descriptive and does ot quantify cost savings derivable as one moves from the Economic Order Quantity (EOQ) scenario to one that is governed or nearly governed by zero inventory philosophy. This article seeks to establish cost bounds on inventory held under close to JIT conditions for the single item inventory.

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Year of publication:	1991
Authors:	Goh, Mark ; Hoon Hum, Sin
Published in:	International Journal of Operations & Production Management. - MCB UP Ltd, ISSN 1758-6593, ZDB-ID 2032083-8. - Vol. 11.1991, 8, p. 59-63
Publisher:	MCB UP Ltd
Subject:	Just‐in‐time \| Inventory control \| Quantitative techniques

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Type of publication:	Article
Type of publication (narrower categories):	research-article
Language:	English
Other identifiers:	10.1108/EUM0000000001281 [DOI]
Source:	Other ZBW resources

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