This paper aims at investigating the effect of some parameters (i.e. the demand intensity, the demand variability and the lead time) on three different inventory control policies. To this end a parametric simulator is implemented in order to perform what-if analyses and scenarios investigation. The performance parameter chosen for the inventory management policies comparison is the unit inventory management cost. Finally, the analytical relationship between the unit inventory management cost and the input parameters is determined.
WAREHOUSE MANAGEMENT: INVENTORY CONTROL POLICIES COMPARISON
MIRABELLI, Giovanni;
2009-01-01
Abstract
This paper aims at investigating the effect of some parameters (i.e. the demand intensity, the demand variability and the lead time) on three different inventory control policies. To this end a parametric simulator is implemented in order to perform what-if analyses and scenarios investigation. The performance parameter chosen for the inventory management policies comparison is the unit inventory management cost. Finally, the analytical relationship between the unit inventory management cost and the input parameters is determined.File in questo prodotto:
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