Describing service in independent demand inventory systems
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作者:
Ehrhardt, Richard
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Univ NORTH Carolina Greensboro, Dept Informat Syst & Operat Management, Joseph M Bryan Sch Business & Econ, Greensboro, NC 27402 USAUniv NORTH Carolina Greensboro, Dept Informat Syst & Operat Management, Joseph M Bryan Sch Business & Econ, Greensboro, NC 27402 USA
Ehrhardt, Richard
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机构:
[1] Univ NORTH Carolina Greensboro, Dept Informat Syst & Operat Management, Joseph M Bryan Sch Business & Econ, Greensboro, NC 27402 USA
We discuss the notion of service in independent demand inventory systems with random demand, and note several areas where existing pedagogy can be improved. We survey a collection of 23 operations management textbooks and recommend that different treatments be made. Specifically we recommend that the concept of Cycle Service, sometimes referred to as Type I Service should be abandoned as it is typically treated in operations management textbooks. We also recommend making a fundamental change in the way that periodic review systems are depicted. The recommendations are made on the basis of general concepts of the notion of customer service and on the basis of long-standing theoretical results from the field of mathematical inventory theory.
机构:
Univ Sci & Technol China, Int Inst Finance, Sch Management, Hefei, Anhui, Peoples R ChinaUniv Sci & Technol China, Int Inst Finance, Sch Management, Hefei, Anhui, Peoples R China
Yan, Xiaoming
Chao, Xiuli
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Univ Michigan, Dept Ind & Operat Engn, Ann Arbor, MI 48109 USAUniv Sci & Technol China, Int Inst Finance, Sch Management, Hefei, Anhui, Peoples R China
Chao, Xiuli
Lu, Ye
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Southern Univ Sci & Technol, Sch Business, Shenzhen, Peoples R China
City Univ Hong Kong, Coll Business, Hong Kong, Peoples R ChinaUniv Sci & Technol China, Int Inst Finance, Sch Management, Hefei, Anhui, Peoples R China