Flexible ABC Inventory Classification
Autor: | Rathanaksambath Ly, Morrakot Raweewan |
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Rok vydání: | 2018 |
Předmět: |
ComputingMilieux_GENERAL
0209 industrial biotechnology Inventory management 020901 industrial engineering & automation Operations research Computer science Service level 0202 electrical engineering electronic engineering information engineering In real life ComputerApplications_COMPUTERSINOTHERSYSTEMS 020201 artificial intelligence & image processing 02 engineering and technology Profit (economics) |
Zdroj: | KnE Life Sciences. 4:228 |
ISSN: | 2413-0877 |
Popis: | ABC inventory classification is a well - known approach to assign inventory item into A, B, and C groups based on their sales and usage volume . This helps inventory management become more efficient . Behind its advantage, it usually shows some problems with an inventory budget and warehouse space because the ABC assignment of SKUs are mad e without an inventory budget and space available involved . In this paper, the ABC group under restricted of an inventory budget and warehouse space to maximize the profit with optimal service level is presented . We establish this proposed model to enhance the existing ABC approach to be more applicable in real life, which has the limited inventory budget and warehouse space . Keywords : ABC Inventory Classification; Inventory Management |
Databáze: | OpenAIRE |
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