Component chart. A new tool for inventory, purchasing, and production decisions

Zvi A. Livne*, Boaz Ronen

*Corresponding author for this work

Research output: Contribution to journalArticlepeer-review

1 Scopus citations

Abstract

The component chart (CC) contains information concerning the number of components, their prices, lead times, the number of available suppliers for each component, and the extent that each component is critical in the production process. The CC allows quick identification of the major problems which might affect production and can lead to improved coordination of purchasing, inventory, and production decisions. Several variations of the CC are possible and additional data may be incorporated into it, but adding too much data may result in a cumbersome and hence not very useful graph.

Original languageEnglish
Pages (from-to)8-12
Number of pages5
JournalProduction and inventory management Washington, D.C.
Volume31
Issue number1
StatePublished - 1990
Externally publishedYes

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