Inventory management (C): Periodic review

This technical note explores inventory systems in which stock is reviewed at fixed intervals rather than continuously. It highlights the managerial implications of review frequency, lead times, and service-level choices in real operational settings. The note offers a practical framework for understanding how firms balance inventory availability with monitoring and replenishment costs.
Collection: IESE (España)
Ref: OITN-12-E
Format: PDF
Number of pages: 5
Publication Date: Mar 2, 2026
Language: English

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Description

This technical note explores inventory systems in which stock is reviewed at fixed intervals rather than continuously. It highlights the managerial implications of review frequency, lead times, and service-level choices in real operational settings. The note offers a practical framework for understanding how firms balance inventory availability with monitoring and replenishment costs.
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Learning Objective

Students will learn to apply periodic review inventory models to determine order-up-to levels under uncertain demand and fixed review schedules.

Inventory management (C): Periodic review

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"Inventory management (C): Periodic review"