Part of the International Series in Operations Research & Management Science book series (ISOR, volume 26)
Single-Echelon Systems with Independent Items
In this chapter we consider a large and very important class of inventory problems, for which, in general, we can relatively easily offer satisfactory solutions that can be used in practice. This class of systems is characterized by two qualities:
Different items can be controlled independently.
The items are stocked at a single location, i.e., not in a multi-stage inventory system.
KeywordsInventory Level Safety Stock Shortage Cost Inventory Position Reorder Point
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.
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