Optimal Machining Speed and Tool Inventory Policies in Machining Economic Systems Academic Article uri icon


  • 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. 1996 "IIE".

published proceedings

  • IIE Transactions

author list (cited authors)

  • Iakovou, E., Ip, C. M., & Koulamas, C.

citation count

  • 3

complete list of authors

  • Iakovou, Eleftherios||Ip, Chi M||Koulamas, Christos

publication date

  • January 1996