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ABC inventory classification with multiple-criteria using weighted linear optimization

2004; Elsevier BV; Volume: 33; Issue: 3 Linguagem: Inglês

10.1016/j.cor.2004.07.014

1873-765X

Ramakrishnan Ramanathan,

Supply Chain and Inventory Management

Inventory classification using ABC analysis is one of the most widely employed techniques in organizations. The need to consider multiple criteria for inventory classification has been stressed in the literature. A simple classification scheme is proposed in this paper using weighed linear optimization. The methodology is illustrated using an example.