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What is Periodic Review System

Encyclopedia of Information Science and Technology, Third Edition
A classic inventory system where the inventory level is reviewed at a regular time intervals (e.g., once a week), whereupon the decision is made as to how much to order to bring the inventory level up to a given amount.
Published in Chapter:
Simulation to Improve Management of Perishable and Substitutable Inventory
Duong Nguyen Khanh Linh (Auckland University of Technology, New Zealand) and Lincoln C. Wood (Auckland University of Technology, New Zealand & School of Information Systems, Curtin University, Bentley, Australia)
DOI: 10.4018/978-1-4666-5888-2.ch087
Full Text Chapter Download: US $37.50 Add to Cart
More Results
Discrete Event Simulation in Inventory Management
A typical inventory system where the inventory level is reviewed at a regular time intervals (e.g., once a week), after that the decision is made as to how much to order to bring the inventory level up to a given amount.
Full Text Chapter Download: US $37.50 Add to Cart
Discrete Event Simulation in Inventory Management
A typical inventory system where the inventory level is reviewed at a regular time intervals (e.g., once a week), after that the decision is made as to how much to order to bring the inventory level up to a given amount.
Full Text Chapter Download: US $37.50 Add to Cart
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