There is a lack of prescriptive methods for setting lot sizes and planned lead times effectively in MRP systems. Recent research has suggested the application of queuing relationships. This study experimentally investigates the use of GI/G/1 relationships for lot size selection along with the use of exponentially smoothed feedback for dynamic planned lead time setting. Results show that assumpt...

The market value of residential lot size and market response to increasing housing prices have become increasingly important as regional policy makers have sought to limit the size of urban areas. Using sales data on recently constructed homes in the Portland Metro area for the years 1996-97, we have examined the effect of lot size on the sales price of detached and attached single family homes...