Feature Article—Research Portfolio for Inventory Management and Production Planning Systems | Zendy

Harvey M. Wagner | Zendy

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Feature Article—Research Portfolio for Inventory Management and Production Planning Systems

Author(s) -

Harvey M. Wagner

Publication year - 1980

Publication title -

operations research

Language(s) - English

Resource type - Journals

SCImago Journal Rank - 3.797

H-Index - 140

eISSN - 1526-5463

pISSN - 0030-364X

DOI - 10.1287/opre.28.3.445

Subject(s) - computer science , inventory management , operations research , portfolio , project portfolio management , production (economics) , management science , feature (linguistics) , theme (computing) , foundation (evidence) , operations management , project management , business , systems engineering , economics , engineering , linguistics , philosophy , finance , macroeconomics , operating system , history , archaeology

This paper provides a nontechnical survey of the status of inventory management systems. The central theme is an enumeration of practical problems that need research and analytic attention. These problems arise in the diagnostic, design, system performance forecasting, and implementation phases of real-life inventory management improvement projects. The paper describes many of the detailed aspects of such projects, and discusses where operations research has not yet provided sufficient scientific foundation to judge the merit of pragmatic alternatives for dealing with these problems.

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