THIS PAPER SHOWS HOW LOWERING ECONOMIC ORDER QUANTITIES TO ONE (OR AS NEAR ONE AS POSSIBLE) WILL RESULT IN LOWER PART COST, LOWER IN-PROCESS INVENTORY, AND AN INCREASE IN MANUFACTURING CAPACITY WITHOUT THE EXPENSE OF NEW EQUIPMENT. IT ALSO GIVES A METHOD FOR JUSTIFICATION OF THE PURCHASE OF AUTOMATION AND QUICK DIE CHANGE (QDC) EQUIPMENT.
