Accession Number : AD0768143

Title :   Two Constrained Inventory Models,

Corporate Author : ARMY MATERIEL COMMAND TEXARKANA TEX INTERN TRAINING CENTER

Personal Author(s) : Erickson,Merlin L.

Report Date : JUL 1971

Pagination or Media Count : 55

Abstract : The paper presents two types of n product constrained inventory models, one lot-size and the other order-level. The constraints which are imposed on these models limit the amount of space occupied by the products at any time. Solutions are obtained for the lot-size systems which have two, three, and n products. The lot-size model is contained in chapter 3. A solution is obtained in the two product case for the order-level system. The problems involved in determining an n product solution for this system are discussed. Chapter 4 contains the consideration of this model. Chapter 5 concludes this paper with a summary of the results of the research and recommendations for future research in the area of constrained inventory systems. (Author)

Descriptors :   (*INVENTORY CONTROL, MATHEMATICAL MODELS), SCHEDULING, LEAD TIME, COSTS

Subject Categories : Administration and Management

Distribution Statement : APPROVED FOR PUBLIC RELEASE