ABC inventory classification : service levels and inventory costs
(2010)
Journal Article
Teunter, R., Babai, M., & Syntetos, A. (2010). ABC inventory classification : service levels and inventory costs. Production and Operations Management, 19(3), 343-352. https://doi.org/10.1111/j.1937-5956.2009.01098.x
ABC inventory classifications are widely used in practice, with demand value and demand volume as the most common ranking criteria. The standard approach in ABC applications is to set the same service level for all stock keeping units (SKUs) in a c... Read More about ABC inventory classification : service levels and inventory costs.