Abstract

This paper presents an integrated cost model that combines a tooling inventory control policy with a machining economics scheme in single-stage manufacturing systems. An algorithm is proposed for estimating simultaneously tool cutting speed, along with tool reorder points and safety levels. The behavior of the integrated model is investigated; numerical results are presented.

Full Text
Published version (Free)

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call