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lotsize selection

Hi Experts,

What determines the selection between the period lotsize eg. why would one select daily lotsize rather than weekly lotsize?

Thanks,

Kiran

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2 Answers

  • Best Answer
    Posted on Nov 24, 2011 at 04:35 AM

    Depends on how frequently the raw material has to be ordered. Especially if it is perishable the company would want to procure it on a daily basis

    and/or

    they want to keep the inventory low (for keeping maintenance/storing costs low)

    and/or

    something which depreciates daily ( especially if it depends on forex etc)

    check the material description you will get an idea.

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  • Posted on Nov 24, 2011 at 03:54 AM
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