1984•International Journal of Operations & Production ManagementRequires access

Co‐ordinated Versus Independent Replenishment Inventory Control

Radhakrishnan Jayaraman, Mario T. Tabucanon

Abstract

The purpose of this article is to demonstrate the usefulness of a co‐ordinated control inventory model, when it is applied to a practical situation. A comparison is made between the costs incurred when a co‐ordinated replenishment policy is used with that of an independent control strategy. It is found that a substantial cost saving is achieved when a co‐ordinated control model is used, demonstrating that this model is superior to an independent control model.

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Key concepts: Control (management), Inventory control, Operations management, Business, Computer science, Operations research, Cost control, Economics