TY - JOUR
T1 - An inventory model with component commonality
AU - Gerchak, Yigal
AU - Henig, Mordechai
N1 - Funding Information:
* We are grateful to Mike Magazine for introducing us to the problem and for his ado/co, and |o an ~"'.,ssoci.ateeditor $or useful comments. This work was supported by NSERC Grants A4124 and A5698.
PY - 1986/8
Y1 - 1986/8
N2 - Qualitative implications of component commonality in assemble-to-order systems are discussed. We show that in a static model the stocks of product-specific components always increase when other components are combined. As optimal policy for the dynamic version is shown to be myopic, the qualitative results apply there as well.
AB - Qualitative implications of component commonality in assemble-to-order systems are discussed. We show that in a static model the stocks of product-specific components always increase when other components are combined. As optimal policy for the dynamic version is shown to be myopic, the qualitative results apply there as well.
KW - inventory/production
KW - stochastic models
KW - stochastic programming
UR - http://www.scopus.com/inward/record.url?scp=0022759945&partnerID=8YFLogxK
U2 - 10.1016/0167-6377(86)90089-1
DO - 10.1016/0167-6377(86)90089-1
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AN - SCOPUS:0022759945
SN - 0167-6377
VL - 5
SP - 157
EP - 160
JO - Operations Research Letters
JF - Operations Research Letters
IS - 3
ER -