An Ordering Model for Recoverable Stock Items

Vincent P. Simpson

A I I E Transactions · 1970 · 12 citations · 11 references

Concepts

Abstract

Abstract A recoverable stock item is one which after use is repaired and used again. This article presents a minimum investment model for ordering new stock when the units available through repair do not satisfy total demand. Simulation is utilized to measure the effect of the required approximations.

References

11