JIT purchasing and setup reduction in an integrated inventory model
研究了准时制采购和减少准备时间的投资对原材料采购总成本的影响，通过集成库存模型比较了JIT模型与传统经济生产批量模型的成本效益。
We study the effects of JIT order quantities on the purchase of raw materials and of the investments to reduce setup time. We examine the total relevant cost for an integrated inventory model, which unifies the finished product and the raw materials used for manufacturing it. A comparison of the total costs between our JIT model and the conventional ‘economic production quantity’ model suggests that JIT order splitting and investment in setup reduction could be cost-effective.