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Lot Size Simulation

Just as the prevailing trade press winds have blown toward lower and lower inventory, they have carried with them the move toward smaller and smaller lot sizes; highly flexible production cells; mixed model rapid changeovers; and lot sizes approaching one. In many cases and for many SKUs there is a high return on investment for reducing lot sizes, and in many cases there is not. Computing and implementing optimal lot sizes for manufacturing run lengths and purchasing lot sizes is the focus of RightLots™ – lot size optimization.

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