Proceedings of the Korea Society for Industrial Systems Conference (한국산업정보학회:학술대회논문집)
- 2006.05a
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- Pages.235-240
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- 2006
Demand Control Chart
수요관리도
- Paik Si-Hyun (YanBian University of Science & Technology) ;
- Hong Min-Sun (Ajou University)
- Published : 2006.05.01
Abstract
The existing inventory managements bear a relation to forecasting or assumptions. So these methods become more complicated and more expensive systems as time goes. This paper developed a practical inventory system which is called DCC(demand control chart). DCC does not 'forecast' but 'control' the trend of demand without assumptions. According to the trend of sales, DCC adjusts an order quantity considering the capacity of shelf in a store. Specially, DCC is a useful method under FRID system. Besides, this paper introduces EPFR(Every Period Full Replenishment) policy for reducing stocks.
Keywords
- DCC(demand control chart);
- EPFR(Every Period Full Replenishment);
- DR(discount retailer);
- inventory;
- OOS(out of stock)