Order Point System

  • Hermann Lödding
Chapter

Abstract

The Order Point System is one of the oldest and most commonly used methods in procurement and production logistics. Throughout the world it is applied to control storage levels in production and commercial enterprises. Moreover, the system’s parameters influence the service level of the controlled variants and thus of the enterprise.

Keywords

Demand Rate Stock Level Order Interval Throughput Time Kanban System 
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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Copyright information

© Springer-Verlag Berlin Heidelberg 2013

Authors and Affiliations

  • Hermann Lödding
    • 1
  1. 1.HamburgGermany

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