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Note---Comment on "Aggregate Safety Stock Levels and Component Part Commonality"

Author

Listed:
  • John O. McClain

    (Graduate School of Business & Public Administration, Cornell University, Ithaca, New York 14853)

  • William L. Maxwell

    (Graduate School of Business & Public Administration, Cornell University, Ithaca, New York 14853)

  • John A. Muckstadt

    (Graduate School of Business & Public Administration, Cornell University, Ithaca, New York 14853)

  • L. Joseph Thomas

    (Graduate School of Business & Public Administration, Cornell University, Ithaca, New York 14853)

  • Elliott N. Weiss

    (Graduate School of Business & Public Administration, Cornell University, Ithaca, New York 14853)

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.

Suggested Citation

  • John O. McClain & William L. Maxwell & John A. Muckstadt & L. Joseph Thomas & Elliott N. Weiss, 1984. "Note---Comment on "Aggregate Safety Stock Levels and Component Part Commonality"," Management Science, INFORMS, vol. 30(6), pages 772-773, June.
  • Handle: RePEc:inm:ormnsc:v:30:y:1984:i:6:p:772-773
    DOI: 10.1287/mnsc.30.6.772
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    Citations

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    Cited by:

    1. Mark S. Hillier, 1999. "Product commonality in multiple‐period, make‐to‐stock systems," Naval Research Logistics (NRL), John Wiley & Sons, vol. 46(6), pages 737-751, September.
    2. Jan A. Van Mieghem, 2004. "Note--Commonality Strategies: Value Drivers and Equivalence with Flexible Capacity and Inventory Substitution," Management Science, INFORMS, vol. 50(3), pages 419-424, March.
    3. Ulrich W. Thonemann & Margaret L. Brandeau, 2000. "Optimal Commonality in Component Design," Operations Research, INFORMS, vol. 48(1), pages 1-19, February.
    4. Menezes, Mozart B.C. & Ruiz-Hernández, Diego & Guimaraes, Renato, 2016. "The component commonality problem in a real multidimensional space: An algorithmic approach," European Journal of Operational Research, Elsevier, vol. 249(1), pages 105-116.
    5. Droge, Cornelia & Vickery, Shawnee K. & Jacobs, Mark A., 2012. "Does supply chain integration mediate the relationships between product/process strategy and service performance? An empirical study," International Journal of Production Economics, Elsevier, vol. 137(2), pages 250-262.

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