A regression-based improvement to the multiple criteria ABC inventory classification analysis
Giannis Karagiannis and
Suzanna M. Paleologou ()
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Suzanna M. Paleologou: Aristotle University of Thessaloniki
Annals of Operations Research, 2021, vol. 306, issue 1, No 15, 369-382
Abstract:
Abstract The aim of this paper is to propose a regression-based approach for obtaining a set of weights for multi-criteria ABC inventory analysis, which differ across classification criteria but are common across inventory items and follow a predetermined descending ordering scheme regarding the relative importance of classification criteria. The proposed alternative is based on the Inequality Constrained Least Squared model and is to be compared with the existing linear and non-linear programming models available in the literature.
Keywords: Multi-criteria analysis; ABC inventory; Regression methods (search for similar items in EconPapers)
Date: 2021
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DOI: 10.1007/s10479-020-03788-1
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