Presents a multicriteria approach to the ABC classification problemin inventory control. The proposed method, based on Saatys AnalyticHierarchy Process, rates items on both qualitative and quantitativecriteria. Demonstrates the model through an example, using real datafrom the maintenance department stock room of a pharmaceutical company.A series of simulation experiments show how the resulting classificationcan benefit inventory control in this company.
International Journal of Operations & Production Management – Emerald Publishing
Published: Sep 1, 1993
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