The Small Order Problem

Abstract

The nature of the small order problem is considered, and the associated advantages and disadvantages of the various policies for dealing with the small order are examined. The calculation and use of the minimum order quantity as a policy for dealing with small orders is demonstrated.

Citation

Lambert, D.M., Bennion, M.L. and Taylor, J.C. (1990), "The Small Order Problem", Management Decision, Vol. 28 No. 3. https://doi.org/10.1108/00251749010000722