On the ‘Least Cost Safety Inventory for Large Transfer Lines’

On the ‘Least Cost Safety Inventory for Large Transfer Lines’

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Article ID: iaor19991579
Country: United Kingdom
Volume: 25
Issue: 4
Start Page Number: 483
End Page Number: 487
Publication Date: Aug 1997
Journal: OMEGA
Authors: ,
Keywords: production
Abstract:

This technical note extends the model presented in the ‘Least Cost Safety Inventory for Large Transfer Lines’ published in Omega, so that the sum of the cost of the units lost from the output of the transfer line and the holding cost of the safety inventory at all stages is minimized.

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