The Effect of Commonality on Safety Stock in a Simple Inventory Model
We examine the effects of component commonality on optimal safety stock levels in a two-product, two-level inventory model. The criterion is to minimize system safety stock subject to a service level constraint. Although our model is specialized, its analysis provides insights not available in other multilevel inventory models.
Volume (Year): 32 (1986)
Issue (Month): 8 (August)
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