Using MRP and EOQ/Safety Stock for Raw Materials Inventory Control: Discussion and Case Study
- 1 February 1979
- journal article
- Published by Institute for Operations Research and the Management Sciences (INFORMS) in Interfaces
- Vol. 9 (2-part-1) , 1-6
- https://doi.org/10.1287/inte.9.2pt1.1
Abstract
The MRP and EOQ safety stock model approaches are reviewed relative to raw materials inventory control. Useful methods for developing order quantities, lead time demand distributions, and other parameters are presented. Ways to use and combine these approaches are considered. In conclusion, a case study in chemical process operation is presented.This publication has 0 references indexed in Scilit: