IDEAS home Printed from https://ideas.repec.org/a/eee/proeco/v155y2014icp12-15.html
   My bibliography  Save this article

Ford Whitman Harris's economical lot size model

Author

Listed:
  • Erlenkotter, Donald

Abstract

Here we celebrate the centennial of Ford Whitman Harris's model for determining economical lot sizes, which was published in the A.W. Shaw Company's magazine Factory, The Magazine of Management in February 1913. The square-root formula derived by Harris has become one of the most cited and applied results in production and operations management. We examine the circumstances under which this result was derived, and explore the probable causes for the later obscurity of Harris's paper, which was forgotten for many years.

Suggested Citation

  • Erlenkotter, Donald, 2014. "Ford Whitman Harris's economical lot size model," International Journal of Production Economics, Elsevier, vol. 155(C), pages 12-15.
    • Handle: RePEc:eee:proeco:v:155:y:2014:i:c:p:12-15
    DOI: 10.1016/j.ijpe.2013.12.008
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0925527313005677
    Download Restriction: Full text for ScienceDirect subscribers only
    File URL: https://libkey.io/10.1016/j.ijpe.2013.12.008?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Donald Erlenkotter, 1989. "Note---An Early Classic Misplaced: Ford W. Harris's Economic Order Quantity Model of 1915," Management Science, INFORMS, vol. 35(7), pages 898-900, July.
    2. Donald Erlenkotter, 1990. "Ford Whitman Harris and the Economic Order Quantity Model," Operations Research, INFORMS, vol. 38(6), pages 937-946, December.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Amir Hossein Nobil & Amir Hosein Afshar Sedigh & Leopoldo Eduardo Cárdenas-Barrón, 2020. "A multiproduct single machine economic production quantity (EPQ) inventory model with discrete delivery order, joint production policy and budget constraints," Annals of Operations Research, Springer, vol. 286(1), pages 265-301, March.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Andriolo, Alessandro & Battini, Daria & Grubbström, Robert W. & Persona, Alessandro & Sgarbossa, Fabio, 2014. "A century of evolution from Harris׳s basic lot size model: Survey and research agenda," International Journal of Production Economics, Elsevier, vol. 155(C), pages 16-38.
    2. Glock, Christoph H. & Grosse, Eric H., 2021. "The impact of controllable production rates on the performance of inventory systems: A systematic review of the literature," European Journal of Operational Research, Elsevier, vol. 288(3), pages 703-720.
    3. Amir Hossein Nobil & Amir Hosein Afshar Sedigh & Leopoldo Eduardo Cárdenas-Barrón, 2020. "A multiproduct single machine economic production quantity (EPQ) inventory model with discrete delivery order, joint production policy and budget constraints," Annals of Operations Research, Springer, vol. 286(1), pages 265-301, March.
    4. Borgonovo, E., 2010. "Sensitivity analysis with finite changes: An application to modified EOQ models," European Journal of Operational Research, Elsevier, vol. 200(1), pages 127-138, January.
    5. Pal, Brojeswar & Sana, Shib Sankar & Chaudhuri, Kripasindhu, 2014. "Joint pricing and ordering policy for two echelon imperfect production inventory model with two cycles," International Journal of Production Economics, Elsevier, vol. 155(C), pages 229-238.
    6. Kolisch, R., 2000. "Integration of assembly and fabrication for make-to-order production," International Journal of Production Economics, Elsevier, vol. 68(3), pages 287-306, December.
    7. Hanaa Feleafel & Jovana Radulovic & Michel Leseure, 2024. "Should We Have Selfish Microgrids?," Energies, MDPI, vol. 17(16), pages 1-24, August.
    8. Perera, Sandun & Janakiraman, Ganesh & Niu, Shun-Chen, 2017. "Optimality of (s, S) policies in EOQ models with general cost structures," International Journal of Production Economics, Elsevier, vol. 187(C), pages 216-228.
    9. Luca Bertazzi & Maria Grazia Speranza & Walter Ukovich, 2000. "Exact and Heuristic Solutions for a Shipment Problem with Given Frequencies," Management Science, INFORMS, vol. 46(7), pages 973-988, July.
    10. Sarker, Bhaba R., 2014. "Consignment stocking policy models for supply chain systems: A critical review and comparative perspectives," International Journal of Production Economics, Elsevier, vol. 155(C), pages 52-67.
    11. Harald Pfeifer & Uschi Backes-Gellner, 2017. "Another piece of the puzzle: Firms' investment in training as optimization of skills inventory," Economics of Education Working Paper Series 0136, University of Zurich, Department of Business Administration (IBW), revised Jun 2018.
    12. Borgonovo, E., 2008. "Differential importance and comparative statics: An application to inventory management," International Journal of Production Economics, Elsevier, vol. 111(1), pages 170-179, January.
    13. Suresh P. Sethi & Sushil Gupta & Vipin K. Agrawal & Vijay K. Agrawal, 2022. "Nobel laureates’ contributions to and impacts on operations management," Production and Operations Management, Production and Operations Management Society, vol. 31(12), pages 4283-4303, December.
    14. Lin, Gary C. & Kroll, Dennis E. & Lin, C.J., 2006. "Determining a common production cycle time for an economic lot scheduling problem with deteriorating items," European Journal of Operational Research, Elsevier, vol. 173(2), pages 669-682, September.
    15. Klein Haneveld, Willem K. & Teunter, Ruud H., 1998. "Effects of discounting and demand rate variability on the EOQ," International Journal of Production Economics, Elsevier, vol. 54(2), pages 173-192, January.
    16. Borgonovo, E. & Peccati, L., 2007. "Global sensitivity analysis in inventory management," International Journal of Production Economics, Elsevier, vol. 108(1-2), pages 302-313, July.
    17. SPRINGAEL, Johan & CORNELISSENS, Trijntje, 2015. "On the counterintuitive behaviour of the economic order quantity in the presence of backorders," Working Papers 2015007, University of Antwerp, Faculty of Business and Economics.
    18. Garn, Wolfgang & Aitken, James, 2015. "Agile factorial production for a single manufacturing line with multiple products," European Journal of Operational Research, Elsevier, vol. 245(3), pages 754-766.
    19. Bray, Garrett & Cebon, David, 2022. "Selection of vehicle size and extent of multi-drop deliveries for autonomous goods vehicles: An assessment of potential for change," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 164(C).
    20. Mohammed Alnahhal & Batin Latif Aylak & Muataz Al Hazza & Ahmad Sakhrieh, 2024. "Economic Order Quantity: A State-of-the-Art in the Era of Uncertain Supply Chains," Sustainability, MDPI, vol. 16(14), pages 1-19, July.

    More about this item

    Keywords

    EOQ model; Modeling history;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:proeco:v:155:y:2014:i:c:p:12-15. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/ijpe .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.