Abstract
A number of variants of the graphical-empirical method are described in the literature. It is the simplest and most understandable, but in most cases also the most laborious method. Despite this drawback, however, the graphical-empirical method constitutes an excellent introductory study not only for those engaged in mastering the principles of inventory control, but also for companies planning to introduce these principles for the first time, since it provides a step-by-step analysis of events. At the same time, every effort should be made to ensure an eventual change to one of the other methods, described later, since they are less time-consuming.
Preview
Unable to display preview. Download preview PDF.
Author information
Authors and Affiliations
Copyright information
© 1972 N. V. Philips’ Gloeilampenfabrieken, Eindhoven
About this chapter
Cite this chapter
van Hees, R.N., Monhemius, W. (1972). The graphical-empirical method. In: Production and Inventory Control: Theory and Practice. Philips Technical Library. Palgrave, London. https://doi.org/10.1007/978-1-349-01312-8_19
Download citation
DOI: https://doi.org/10.1007/978-1-349-01312-8_19
Publisher Name: Palgrave, London
Print ISBN: 978-1-349-01314-2
Online ISBN: 978-1-349-01312-8
eBook Packages: EngineeringEngineering (R0)