Please use this identifier to cite or link to this item:
http://hdl.handle.net/11375/5470| Title: | Allocating a replenishment order among a family of items |
| Authors: | Miltenburg, G. John McMaster University, Faculty of Business |
| Keywords: | Business;Business |
| Publication Date: | Jan-1983 |
| Series/Report no.: | Research and working paper series (McMaster University. Faculty of Business) no. 197 |
| Abstract: | <p>Inventory control models which provide co-ordinated control (or joint replenishment) of families of items are very useful in practice. An important component of these models is the algorithm for allocating a total replenishment order among the items in the family. In this paper the allocation algorithm from a new class of co-ordinated control models is discussed. Inventory position is modelled as a diffusion process, and both continuous review and periodic review situations are considered. This new class of co-ordinated control models has been shown to outperform existing models (IBM's IMPACT Inventory Control Package).</p> |
| Description: | <p>15, 6 p. : ; Includes bibliographical references (p. 14-15). ; "January 1983."</p> |
| URI: | http://hdl.handle.net/11375/5470 |
| Identifier: | dsb/130 1129 4944153 |
| Appears in Collections: | DeGroote School of Business Working Paper Series |
Files in This Item:
| File | Size | Format | |
|---|---|---|---|
| fulltext.pdf | 582.61 kB | Adobe PDF | View/Open |
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