Principles of Inventory and Materials Management

Description

 1. Introduction.

 2. Forecasting and Market Analysis.

 3. Independent Demand Systems: Deterministic Models.

 4. Discrete Demand Systems: Deterministic Models.

 5. Independent Demand Systems: Probabilistic Models.

 6. Inventory System Changes and Limitations.

 7. Single Order Quantities.

 8. Dependent Demand Systems: Material Requirements Planning (MRP).

 9. In-Process Inventory, Just-in-Time, and Theory of Constraints.

10. Distribution Inventory Systems.

11. Inventory Valuation and Measurement.

12. Simulation.

13. Aggregate Inventory Control.

Bibliography.

Index.

This title is a text-reference for advanced students and practitioners involved in operations, inventory control, production control, and physical supply in manufacturing.

• presents the theory and applications of alternative systems (models) for managing materials (inventory) — their use, transformation, distribution, and sale — and their flow to, within, and from the organization.

• content progresses from simple systems to more complex models.

• features numerous examples of solved problems and short case studies that explore a variety of situations and organizational settings.

This title is a text-reference for advanced students and practitioners involved in operations, inventory control, production control, and physical supply in manufacturing.