Question
The basic reorder point assumes you will order as soon as you reach the reorder point. What happens if the item is only one of
The basic reorder point assumes you will order as soon as you reach the reorder point. What happens if the item is only one of several that is ordered from the same supplier. Discuss how joint replenishment from a single supplier might alter your inventory model.
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Joint replenishment from a single supplier may make a firm run out of the single item that can preve...
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Practical Management Science
Authors: Wayne L. Winston, Christian Albright
5th Edition
1305631540, 1305631544, 1305250907, 978-1305250901
