Skip Navigation

The Computer Journal 1976 19(3):194-197; doi:10.1093/comjnl/19.3.194
© 1976 by British Computer Society
This Article
Right arrow Full Text (PDF)
Right arrow Alert me when this article is cited
Right arrow Alert me if a correction is posted
Services
Right arrow Email this article to a friend
Right arrow Similar articles in this journal
Right arrow Similar articles in ISI Web of Science
Right arrow Alert me to new issues of the journal
Right arrow Add to My Personal Archive
Right arrow Download to citation manager
Right arrow Search for citing articles in:
ISI Web of Science (1)
Right arrowRequest Permissions
Google Scholar
Right arrow Articles by Adamczewski, B. F. M.
Right arrow Search for Related Content
Social Bookmarking
Add to CiteULike   Add to Connotea   Add to Del.icio.us  
What's this?

A formula for establishing re-order quantities for individual items within a joint stock replenishment scheme

B. F. M. Adamczewski *

144 Hemingford Road, Islington, London, UK

A joint stock replenishment policy is an inventory control strategy under which groups of items—say, from a single supplier—are jointly re-ordered on a single order. There are many inventory situations where this is important. An economic order quantity is then fixed not for individual items, but for the item group as a whole. This leaves the problem of how much to order of any individual item within such a group. Simple proportioning methods will tend to maintain existing imbalances in the stock or can lead to over-ordering. This paper derives a practical formula, which applies to all situations, always orders the correct amount and will tend to continuously balance stocks.

Received October 1975.

* 144 Hemingford Road, Islington, London N1 1DE


Add to CiteULike CiteULike   Add to Connotea Connotea   Add to Del.icio.us Del.icio.us    What's this?




Disclaimer:
Please note that abstracts for content published before 1996 were created through digital scanning and may therefore not exactly replicate the text of the original print issues. All efforts have been made to ensure accuracy, but the Publisher will not be held responsible for any remaining inaccuracies. If you require any further clarification, please contact our Customer Services Department.