PAR stands for periodic automatic replacement. It allows restaurants to determine the minimum amount of crucial inventory to keep on hand. Restaurants that do it right have fewer shortages and more ...

Microsoft Excel software has a conditional formatting element that compares values between cells. This feature allows inventory clerks to set a minimum number of units as they compare value for a ...

The Journal of the Operational Research Society, Vol. 60, No. 9 (Sep., 2009), pp. 1244-1253 (10 pages) In this paper we consider a periodic review, reorder point, order-up-to-level system, a type ...