MULTIITEM INVENTORY CONTROL - A MULTICRITERIA VIEW

The difficulties encountered in the practice of inventory control led us to several criticisms of the classical inventory models. We define another approach for the determination of inventory policies based on the notion of efficient policy surfaces. We extend this notion to mult i-item inventory control by defining the concepts of family and aggreg ate item. Using several attributes, we build families of items. In eve ry family, an aggregate item is built in order for the inventory pract itioner to make decisions.