Home  Journals  Economic Analysis: Theory and Practice  11(218) - 2011 March

Flexible production costs and optimal order size

Available online: 21 March 2011

Subject Heading: Economic-mathematical modelling

JEL Classification: 

Flexible production technology allows to quickly switch from one manufacturer to another product that allows you to quickly respond to requests from consumers, but also entails extra overhead compared to manufacture large quantities of goods. Determination of the optimal size of the order by using a formula Wilson satisfactory. The article offers authors a way to accomplish a task.

Keywords: cost optimal size, order, Wilson formula

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ISSN 2311-8725 (Online)
ISSN 2073-039X (Print)

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