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Note---Comment on "Aggregate Safety Stock Levels and Component Part Commonality"

John O. McClain, William L. Maxwell, John A. Muckstadt, L. Joseph Thomas and Elliott N. Weiss
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John O. McClain: Graduate School of Business & Public Administration, Cornell University, Ithaca, New York 14853
William L. Maxwell: Graduate School of Business & Public Administration, Cornell University, Ithaca, New York 14853
John A. Muckstadt: Graduate School of Business & Public Administration, Cornell University, Ithaca, New York 14853
L. Joseph Thomas: Graduate School of Business & Public Administration, Cornell University, Ithaca, New York 14853
Elliott N. Weiss: Graduate School of Business & Public Administration, Cornell University, Ithaca, New York 14853

Management Science, 1984, vol. 30, issue 6, 772-773

Abstract: 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.

Keywords: inventory/production: operating characteristic; inventory/production: simulation; material requirements planning (search for similar items in EconPapers)
Date: 1984
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Citations: View citations in EconPapers (5)

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