Base-stock distributed inventory management in continuous-review logistic systems — Control system perspective

2017 ◽  
Author(s):  
Przemyslaw Ignaciuk
Keyword(s):  
Control System ◽  
Inventory Management ◽  
Base Stock ◽  
System Perspective ◽  
Continuous Review ◽  
Systems Control

Inventory management and control system using ABC and VED analysis

2021 ◽  
Author(s):  
D. Annie Rose Nirmala ◽  
Vijila Kannan ◽  
M. Thanalakshmi ◽  
S. Joe Patrick Gnanaraj ◽  
M. Appadurai
Keyword(s):  
Control System ◽  
Inventory Management ◽  
And Control

scholarly journals Optimal Cycle Service Level for Continuous Stocked Items with Limited Storage Capacity

2018 ◽  
Vol 4 (2) ◽  
pp. 82
Author(s):  
Kanokwan Singha ◽  
Jirachai Buddhakulsomsiri ◽  
Parthana Parthanadee
Keyword(s):  
Inventory Management ◽  
Service Level ◽  
Storage Space ◽  
Continuous Review ◽  
Holding Cost ◽  
Total Inventory ◽  
Review Cycle ◽  
Capacity Cost ◽  
Inventory Holding ◽  
Space Capacity

This paper involves determining an optimal cycle service level for continuously stocked items that explicitly considers storage space capacity. Inventory management is under a continuous review policy. The total inventory management cost consisting of ordering cost, inventory holding cost, shortage cost, and over-capacity cost. Shortage items are assumed to be backlogged. A numerical example is provided to demonstrate the method. Keywords: Continuous Review; Cycle Service Level; Storage Space Capacity; Over-Capacity Cost

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