Open AccessNote—Comment on “Aggregate Safety Stock Levels and Component Part Commonality”
Author(s) -
John O. McClain,
William Maxwell,
John A. Muckstadt,
Laura Thomas,
Elliott N. Weiss
Publication year - 1984
Publication title -
management science
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 4.954
H-Index - 255
eISSN - 1526-5501
pISSN - 0025-1909
DOI - 10.1287/mnsc.30.6.772
Subject(s) - stock (firearms) , component (thermodynamics) , aggregate (composite) , safety stock , computer science , business , marketing , engineering , physics , mechanical engineering , supply chain , materials science , composite material , thermodynamics
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 component part commonality. Management Sci. 28 (11, November) 1296--1303.) may prove to be misleading.inventory/production: operating characteristic, inventory/production: simulation, material requirements planning