Abstract
Most of the service parts—especially in the automotive and the engineering industry—have an immediate demand, i.e. the service part has to be available on stock. Since the forecast is always just an estimation of the future demand, it is necessary to compensate the deviations from the real demand (and the irregularities of the supply) by safety stock.
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Reference
Muckstadt, J. A. (2005). Analysis and Algorithms for Service Parts Supply Chains. New York: Springer Science+Business Media Inc.
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© 2015 Springer-Verlag Berlin Heidelberg
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Dickersbach, J.T., Passon, M.F. (2015). Economic Order Quantity and Safety Stock. In: Service Parts Planning with SAP SCM™. Management for Professionals. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-662-45433-6_6
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DOI: https://doi.org/10.1007/978-3-662-45433-6_6
Publisher Name: Springer, Berlin, Heidelberg
Print ISBN: 978-3-662-45432-9
Online ISBN: 978-3-662-45433-6
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