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Need to develop a (Q,r) system for a purchasing department. Dept needs to buy items for construction projects that are mapped on a schedule. Some variability exists in adherence of projects to schedules (demand variability). Some variability in lead time of delivery. Some items need to be assembled together for inventory. Most items need to be inventoried at supplier locations, some are needed to be warehoused at company owned warehouse. What paremeters do I use to determine which items should be inventoired? Presuming Q,r policy is the right approach how do I begin drafting the policy? Where can I find more information on the subject? Any help will save a life...

2006-08-25 02:56:27 · 2 answers · asked by Johnny H 1 in Business & Finance Corporations

2 answers

Here are some good papers on the subject:

http://www.ncbi.nlm.nih.gov/entrez/query.fcgi?cmd=Retrieve&db=PubMed&list_uids=10246969&dopt=Abstract
http://www.ingentaconnect.com/content/klu/iiet/2001/00000033/00000002/00280652;jsessionid=42613i4hohq42.alice
http://ieeexplore.ieee.org/xpl/freeabs_all.jsp?isnumber=33134&arnumber=1560412&count=141&index=69

Hope this helps!

2006-08-25 04:37:14 · answer #1 · answered by extremenerd 7 · 1 0

Lifes cheap - give up and leave the rest of us in peace.

2006-09-01 22:44:34 · answer #2 · answered by ? 6 · 0 0

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