Method for estimating stock levels in production-distribution networks with inventory control
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United States of America Patent
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Jun 20, 2000
Grant Date -
N/A
app pub date -
Oct 23, 1998
filing date -
Oct 23, 1998
priority date (Note) -
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Abstract
A method resolves the problem of projecting future stock levels for multiple stockholding locations in production-distribution networks, and minimizing the total dollar delinquency within given inventory budgets or within given allowable inventory holding costs. The invention communicates process control parameters and production-distribution network parameters, computes priorities for each product held at retail locations of the distribution network. It allocates available global and local budgets among products, sets starting stock levels for each product, computes and displays stock levels and the distribution network performance measures.
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