Article ID: | iaor1992839 |
Country: | United Kingdom |
Volume: | 11 |
Start Page Number: | 58 |
End Page Number: | 63 |
Publication Date: | Nov 1991 |
Journal: | International Journal of Operations & Production Management |
Authors: | Al-Faraj Taqi N., Al-Zayer Jamal A., Alidi Abdulaziz S. |
Keywords: | newsboy problem |
In this article, a PC-based spreadsheet support system (SSS) for controlling inventory and service level for the newsboy problem is developed utilising Lotus 1-2-3 spreadsheet capabilities. The technical aspects of the SSS are presented and discussed within the context of a numerical example. The developed SSS permits the decision maker to simulate and analyse the impact of parameter changes on the inventory system using a familiar PC spreadsheet package.