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- W4207024480 abstract "The economic order/production quantity (EOQ/EPQ) model is the most celebrated and the first scientific treatment of inventory management. It has been a fundamental topic covered in all production and operations management textbooks and the edifice on which complex inventory and logistics models have been built. It has been extended in many ways to make it more representative of real situations and settings. One of these extensions, which is the focus of the paper, is learning in production, where inventory builds in a convex rather than a linear form. Starting from the seminal work of Keachie & Fontana (Management Science, 13(2), B-102, 1966), this paper reviews the mathematics of those papers that stemmed from that work in an attempt to provide almost a comprehensive but rather concise presentation of more than 50 years of mathematical modeling. It also provides numerical examples to illustrate the expected behavior when learning occurs in activities other than production (setups and quality). It concludes with some insights and suggestions for future research directions for those who continue to be interested in the topic." @default.
- W4207024480 created "2022-01-26" @default.
- W4207024480 creator A5008139552 @default.
- W4207024480 creator A5008412093 @default.
- W4207024480 creator A5030886244 @default.
- W4207024480 date "2022-05-01" @default.
- W4207024480 modified "2023-10-17" @default.
- W4207024480 title "The lot size problem and the learning curve: A review of mathematical modeling (1950’s -2020)" @default.
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- W4207024480 doi "https://doi.org/10.1016/j.apm.2022.01.007" @default.
- W4207024480 hasPublicationYear "2022" @default.
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