Inventory control and inflation: A review

Inventory control and inflation: A review

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Article ID: iaor1988448
Country: United Kingdom
Volume: 9
Start Page Number: 67
End Page Number: 72
Publication Date: Apr 1989
Journal: International Journal of Operations & Production Management
Authors:
Abstract:

A recent British study has shown that stock control based on reorder level/cycle is the most commonly used operational research technique in manufacturing industry. However, a review of literature on the effect of inflation on reorder levels reveals that inconsistent results have been quoted by some authors. The literature is summarised and an analysis which corrects some previous work and extends other results is provided.

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