Tables for Stock Control — Problems of Formulation and Computation
- 1 September 1976
- journal article
- Published by Taylor & Francis in Journal of the Operational Research Society
- Vol. 27 (3) , 747-758
- https://doi.org/10.1057/jors.1976.149
Abstract
This paper describes the formulation, computation and use of tables for the manual control of stocked items using the reorder level and periodic review systems. The tables provide control levels and average physical stocks which achieve a chosen expected proportion of demand met ex-stock.Keywords
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