Efficient Production-Distribution System Design

  • Authors:
  • Samir Elhedhli;Jean-Louis Goffin

  • Affiliations:
  • Department of Management Sciences, University of Waterloo, 200 University West, Waterloo, Ontario N2L 3G1, Canada;Faculty of Management, McGill University, 1001 Sherbrooke West, Montreal, Quebec H3A 1G5, Canada

  • Venue:
  • Management Science
  • Year:
  • 2005

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Abstract

This paper examines the inventories of publicly traded American manufacturing companies between 1981 and 2000. The median of inventory holding periods were reduced from 96 days to 81 days. The average rate of inventory reduction is about 2% per year. ...