Inventory Strategies

30 June acceptable analyzing approach approval areas average balance basis belt and suspenders calculated capacity planning carrying cost cash cause Chapter Commonality Analysis consider Consignment stocks cost of carrying costs of inventory create inventory critical decisions departmental departments dependent demand determine dollar duction effect equipment example excess exist factors fixed costs forecast function future hope and pray imbalance individual items inven inventory asset inventory control inventory control system inventory cost inventory hedge inventory investment inventory items inventory management inventory policy inventory reductions inventory report Inventory Standardization labor hours manufacturing Materials Requirement Planning ment on-hand operations opportunities percent priority procurement production profit purchasing quantities ratio receiving replenishment lead safety stock scheduling scrap set-up shipment square root staff and machine sub-contractors suppliers supply technique thruput tion tory true cost turnover usage usually value analysis value engineering variable costs vendor ventory warehouse widgets work-in work-in-process