Allocating a replenishment order among a family of items

dc.contributor.author	Miltenburg, G. John	en_US
dc.contributor.author	McMaster University, Faculty of Business	en_US
dc.date.accessioned	2014-06-17T20:40:51Z
dc.date.available	2014-06-17T20:40:51Z
dc.date.created	2013-12-23	en_US
dc.date.issued	1983-01	en_US
dc.description	<p>15, 6 p. : ; Includes bibliographical references (p. 14-15). ; "January 1983."</p>	en_US
dc.description.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>	en_US
dc.identifier.other	dsb/130	en_US
dc.identifier.other	1129	en_US
dc.identifier.other	4944153	en_US
dc.identifier.uri	http://hdl.handle.net/11375/5470
dc.relation.ispartofseries	Research and working paper series (McMaster University. Faculty of Business)	en_US
dc.relation.ispartofseries	no. 197	en_US
dc.subject	Business	en_US
dc.subject	Business	en_US
dc.subject.lcc	Inventory control > Mathematical models	en_US
dc.title	Allocating a replenishment order among a family of items	en_US
dc.type	article	en_US

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