Article ID: | iaor19971448 |
Country: | Netherlands |
Volume: | 46/47 |
Start Page Number: | 277 |
End Page Number: | 284 |
Publication Date: | Dec 1996 |
Journal: | International Journal of Production Economics |
Authors: | Dellaert N., Poel E. van de |
Keywords: | inventory: order policies |
During a recent study concerning the global inventory control in an academic hospital the authors faced the problem of a hospital management that wanted a very simple inventory control model, with good performance. It was requested that the members of the purchase department could understand the model and also that the model’s control parameters could be determined in a simple way, because of the database environment of the inventory control system. Since most items have a joint supplier and the orders for a certain supplier are always placed on the same day of the week the authors extended an EOQ model to a so-called (