Nervousness in inventory management: Comparison of basic control rules

European Journal of Operational Research

Volumn 103, Issue 1, 1997, Pages 55-82

  De Kok, Ton ^a   Inderfurth, Karl ^b  

^a EINDHOVEN UNIVERSITY OF TECHNOLOGY   (Netherlands)

^b OTTO VON GUERICKE UNIVERSITY   (Germany)

Author keywords

Inventory control rules; Nervousness; Planning stability; Rolling horizon planning

Indexed keywords

CONTROL; DECISION MAKING; MANAGEMENT; PARAMETER ESTIMATION; PLANNING; RANDOM PROCESSES; STABILITY;

INVENTORY MANAGEMENT;

INVENTORY CONTROL;

EID: 0031271989     PISSN: 03772217     EISSN: None     Source Type: Journal    
DOI: 10.1016/S0377-2217(96)00255-X     Document Type: Article

References (20)

1. Blackburn, J.D., Kropp, D.H., and Millen, R.A. (1986), "A comparison of strategies to dampen nervousness in MRP systems", Management Science 32, 413-429.
2. Blackburn, J.D., Kropp, D.H., and Millen, R.A. (1987), "Alternative approaches to schedule instability: A comparative analysis", International Journal of Production Research 25, 1739-1749.
3. De Kok, A.G. (1985), "Computational results for a dam problem with variable release rate and service level contraints", Communications in Statistics-Stochastic Models 1, 291-315.
4. Hadley, G., and Whitin, T.M. (1963), Analysis of inventory systems, Prentice-Hall, New Jersey.
5. Inderfurth, K. (1994), "Nervousness in inventory control: Analytical results", OR Spektrum 16, 113-123.
6. Jensen, T. (1993), "Measuring and improving planning stability of reorder-point lot-sizing policies", International Journal of Production Economics 30-31, 167-178.
7. Jensen, T. (1996), Planungsstabilität in der Material-Logistik, Ph.D. Dissertation, Physica, Heidelberg.
8. Kadipasaoglu, S.N., and Sridharan, V. (1995), "Alternative approaches for reducing schedule instability in multistage manufacturing under demand uncertainty", International Journal of Operations Management 13, 193-211.
9. Kadipasaoglu, S.N., and Sridharan, V. (1996), "Measurement of instability in multi-level MRP systems", International Journal of Production Research (forthcoming).
10. Kropp, D.H., and Carlson, R.C. (1984), "A lot-sizing algorithm for reducing nervousness in MRP systems", Management Science 30, 240-244.
11. Kropp, D.H., Carlson, R.C., and Jucker, J.V. (1983), "Heuristic lot-sizing approaches for dealing with MRP system nervousness", Decision Science 14, 156-169.
12. Lagodimos, A.G., and Anderson, E.J. (1993), "Optimal positioning of safety stocks in MRP", International Journal of Production Research 31, 1797-1813.
13. Minifie, J.R., and Davis, R.A. (1990), "Interaction effects on MRP nervousness", International Journal of Production Research 28, 173-183.
14. Sridharan, S.V., Berry, W.L., and Udayabhanu, V. (1988), "Measuring master production schedule stability under rolling planning horizons", Decision Science 19, 147-166.
15. Sridharan, S.V., and Berry, W.L. (1990), "Master production scheduling make-to-stock products: A framework analysis", International Journal of Production Research 28, 541-558.
16. Sridharan, S.V., and LaForge, R.L. (1989), "The impact of safety stock on schedule stability, cost, and service", Journal of Operations Management 8, 327-347.
17. Sridharan, S.V., and LaForge, R.L. (1990), "An analysis of alternative policies to achieve schedule stability", Journal of Manufacturing and Operations Management 3, 53-73.
18. Tijms, H.C. (1986), Stochastic Models: An Algorithmic Approach, Wiley, New York.
19. Vollmann, T.E., Berry, W.L., and Whybark, D.C. (1988), Manufacturing Planning and Control Systems, 2nd Ed., Irwin, Homewood, IL.
20. Yano, C.A., and Carlson, R.C. (1987), "Interaction between frequency of rescheduling and the role of safety stock in material requirements planning systems" International Journal of Production Research 25, 221-232.