| Article ID: | iaor199034 |
| Country: | United States |
| Volume: | 27 |
| Start Page Number: | 108 |
| End Page Number: | 114 |
| Publication Date: | Mar 1986 |
| Journal: | Production and Inventory Management Journal |
| Authors: | Fiora Christopher R., Pitzer James L. |
A technique based on manufacturing lead time and order volume for determining the inventory required to operate successfully in a make-to-order environment is examined in this article. The method, which served as the basis for the US Steel Corporation’s standard inventory program, permitted the reduction of steel inventory without jeopardizing cost and customer service.