| Article ID: | iaor20071571 |
| Country: | United Kingdom |
| Volume: | 33 |
| Issue: | 3 |
| Start Page Number: | 695 |
| End Page Number: | 700 |
| Publication Date: | Mar 2006 |
| Journal: | Computers and Operations Research |
| Authors: | Ramanathan Ramakrishnan |
| Keywords: | programming: multiple criteria, measurement |
Inventory classification using ABC analysis is one of the most widely employed techniques in organizations. The need to consider multiple criteria for inventory classification has been stressed in the literature. A simple classification scheme is proposed in this paper using weighted linear optimization. The methodology is illustrated using an example.