The success of this program contributed directly to Load balancing much more achievable by reducing economic lot size and thus stock levels.
2.
Using these processes, Toyota engineers cut the change-over time to less than 10 minutes per die, and thereby reduced the economic lot size below one vehicle.
3.
In 1958 Whitin and Harvey M . Wagner wrote the article " Dynamic version of the economic lot size model . ", what would become the seminal work on the dynamic lot-size model.