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A Binary Decision Model for the Stock Control of Very Slow Moving Items
L. Valadares Tavares and L. Tadeu Almeida
The Journal of the Operational Research Society
Vol. 34, No. 3 (Mar., 1983), pp. 249-252
Stable URL: http://www.jstor.org/stable/2581326
Page Count: 4
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In this note a model for very slow moving items is developed in order to decide whether it is economic to have 0 or 1 item in stock. The model is applied to a real situation and substantial savings are obtained.
The Journal of the Operational Research Society © 1983 Operational Research Society