A cycle-count model considering inventory policy and record variance

A cycle-count model considering inventory policy and record variance

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Article ID: iaor19931690
Country: United States
Volume: 33
Start Page Number: 11
End Page Number: 16
Publication Date: May 1992
Journal: Production and Inventory Management Journal
Authors: ,
Abstract:

Record variance has a detrimental effect on inventory control which can become accentuated by different inventory policies. One approach to combating record variance is the cycle count. In this article the authors suggest a cycle-count model which balances costs incurred from counting and stockout.

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