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In this Note we present an alternative formulation to the MRP lot sizing model of Steinberg and Napier (SN) (Steinberg, E., H. A. Napier. 1980. Optimal multi-level lot sizing for requirements planning systems. Management Sci. 26 (2) 1258--1271.). The alternative is more parsimonious and the...
Persistent link: https://www.econbiz.de/10009203934
In this Note, we address the issue of safety stock considerations in an MRP environment through the use of a single identical component as a replacement for a set of multiple components. We indicate where the results reported by Collier (Collier, David A. 1982. Aggregate safety stock levels and...
Persistent link: https://www.econbiz.de/10009204007