A New Framework for Safety Stock Management

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چکیده

Traditionally, inventory management experts have calculated a fixed economic order quantity (EOQ) that minimizes the cost of ordering and keeping stock. Some organizations use fixed maximum and minimum order quantity (MOQ) which ranges around EOQ for stocking various parts. These quantities are ordered at a specific stock level called the reorder point. The reorder point is calculated as the stock level required to meet the demand for finished product and raw material, taking into account the time required for supply replenishment after the order has been made. The time taken for replenishment is called lead time.

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تاریخ انتشار 2012