Note—Comment on “Aggregate Safety Stock Levels and Component Part Commonality”
John O. McClain, William L. Maxwell, John A. Muckstadt, L. Joseph Thomas, Elliott N. Weiss
Management Science · 1984 · Volume 30 · Issue 6
Abstract
In this Note, we address the issue of safety stock considerations in an MRP environment through the use of a single identical component as a replacement for a set of multiple components. We indicate where the results reported by Collier (Collier, David A. 1982. Aggregate safety stock levels and component part commonality. Management Sci. 28 (11, November) 1296–1303.) may prove to be misleading.
Keywords
inventory/production: operating characteristic, inventory/production: simulation, material requirements planning
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