Article ID: | iaor199050 |
Country: | United States |
Volume: | 27 |
Start Page Number: | 30 |
End Page Number: | 45 |
Publication Date: | Mar 1986 |
Journal: | Production and Inventory Management Journal |
Authors: | Daganzo Carlos F., Horowitz Abraham D. |
The series of graphs developed in this article can be used to identify optimal safety stock, shipment size, and reorder inventory point as a function of system uncertainty. The authors also show how to estimate cost saving from uncertainty reductions graphically.