The evaluation of safety stock

The evaluation of safety stock

0.00 Avg rating0 Votes
Article ID: iaor199038
Country: United States
Volume: 27
Start Page Number: 126
End Page Number: 132
Publication Date: Mar 1986
Journal: Production and Inventory Management Journal
Authors:
Abstract:

Many companies set safety stock levels for all items in a group to provide the same level of service. In these cases, the definition chosen for service is especially important, as well as the amount of service required. Several rules of thumb are provided for which definition to choose, where the selection depends on the nature of the stockout costs.

Reviews

Required fields are marked *. Your email address will not be published.