[en] The continuing evolution of fuel having ever higher burnup capability and the increased emphasis on high plant capacity factor to keep nuclear power cost-competitive, motivates re-examination of some basic fuel management strategies. Specifically, what are the economic optimum goals for the fraction of core to be refueled, 1/n, and the length of the intra-refueling cycle, T_c. The authors present a simple model to study these questions. They conclude that unless substantial improvements in technology are forthcoming, or economic circumstances change significantly, departure from 2- to 4-batch management, or longer than 2- to 3-year cycles in LWRs is not supported by their analysis