STOCK CONTROL WITH SPORADIC AND SLOW-MOVING DEMAND
STOCK CONTROL WITH SPORADIC AND SLOW-MOVING DEMAND
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DOI:
10.1057/jors.1984.185
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发表时间:
1984-01-01
影响因子:
3.6
通讯作者:
WILLIAMS, TM
中科院分区:
文献类型:
--
作者:
WILLIAMS, TM
Choosing a stock-control method for a product depends on that product's demand distribution. This paper presents a simple method of classifying product demand into ‘smooth’, ‘slow-moving’ or ‘sporadic’, by partitioning the variance of demand during a lead time into causal parts. A study of a public utility showed demand distributions in each category to be of a specific nature. Stock-control and forecasting methods are developed, and simulation tests are described which compare these methods with (for ease of comparison) the assumption of continuous demand.