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Lot size versus flow time (single product)
The relationship between lot size and flow time is described with the help
of the M/M/1 queueing model.
Symbols:
| Rho |
traffic intensity |
| E{T} |
mean processing time of a lot |
| Ws |
mean flow time |
| Wq |
mean waiting time |
Kendall/Lee/Taha notation for queueing models: (a,b,c):(d,e,f)-System
Literature:
- Karmarkar, U.S., Lot Sizes, Lead Times and In-Process Inventories,
in: Management Science 33 (1987), S. 409-418
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