USE OF DIMENSIONLESS RATIOS TO DETERMINE MINIMUM-COST INVENTORY QUANTITIES.
Abstract
The iteration usually necessary for simultaneous determination of minimum-cost order quantity and reorder point in (Q, r) inventory systems may be eliminated by a graphical technique employing dimensionless ratios. This technique is illustrated for three different types of stock-out penalty. (Author)
Document Details
- Document Type
- Technical Report
- Publication Date
- Jun 01, 1966
- Accession Number
- AD0636554
Entities
People
- David P. Herron
Organizations
- FMC Corporation