Accession Number : AD0636554

Title :   USE OF DIMENSIONLESS RATIOS TO DETERMINE MINIMUM-COST INVENTORY QUANTITIES.

Corporate Author : FMC CORP SANTA CLARA CALIF MACHINERY/SYSTEMS GROUP

Personal Author(s) : Herron, David P.

Report Date : JUN 1966

Pagination or Media Count : 11

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)

Descriptors :   (*INVENTORY ANALYSIS, *COST EFFECTIVENESS), INVENTORY CONTROL, INVENTORY CONTROL

Subject Categories : Economics and Cost Analysis
      Operations Research

Distribution Statement : APPROVED FOR PUBLIC RELEASE