Stock Rationing

Alan Kaplan
Alan Kaplan
Inventory Research Office US Army Lugistis Management Center
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Inventory Research Office US Army Lugistis Management Center

Published Online:1 Jan 1969https://doi.org/10.1287/mnsc.15.5.260

Abstract

A supplier may distinguish between the demands be receives for an item, attaching greater importance to satisfying some categories of demand than others. This paper discusses use of reserve levels, i. e, stock levels at which to stop issuing in response to lower priority demand. An algorithm which calculates optimum reserve levels is developed. Its effectiveness is compared to use of unsophisticated policies.

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Volume 15, Issue 5

January 1969

Pages 215-322

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Published Online:January 01, 1969

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Alan Kaplan, (1969) Stock Rationing. Management Science 15(5):260-267.

https://doi.org/10.1287/mnsc.15.5.260

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Stock Rationing

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Volume 15, Issue 5

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