Article ID: | iaor19881051 |
Country: | United States |
Volume: | 19 |
Issue: | 1 |
Start Page Number: | 48 |
End Page Number: | 67 |
Publication Date: | Jan 1989 |
Journal: | Interfaces |
Authors: | Chao Hung-po, Chapel Stephen W., Morris Peter A., Grimes Richard C., Clark Charles E., Sandling M. James |
Keywords: | inventory |
An industry-wide utility fuel inventory model has been used by electric utilities to manage the cost and the risks of holding inventory. The model, which is based on a combination of analytical and simulation models, has been successfully transferred to over 74 utilities for a realized savings of over $125 million.