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Can I read How to protect against demand and yield risks in MRP systems on EtoBox?
How to protect against demand and yield risks in MRP systems by Karl Inderfurth is a Business, Management and Accounting article available to read on EtoBox.
What is How to protect against demand and yield risks in MRP systems about?
Traditional MRP systems suffer from several weaknesses, one of them being the disregard of uncertainties like those referring to demand and supply quantities. Advanced MRP concepts handle these uncertainties by incorporating safety stocks and scrap allowances into order release calculations. However, they fail to address how these measures of risk protection might interact. Here, it is shown by using analyses from stochastic inventory control, how the performance of MRP-generated control rules can be assessed and how appropriate control parameters for MRP can be determined.
Who reads How to protect against demand and yield risks in MRP systems?
It is typically read by researchers, students, and practitioners in Business, Management and Accounting.
- Author
- Karl Inderfurth
- Publisher
- Elsevier Science; Elsevier ; Elsevier BV (ISSN 0925-5273)
- Published
- 2009
- Language
- EN
- Field
- Business, Management and Accounting (Social Sciences)