Principles of Inventory and Materials ManagementThis text/reference addresses the unprecedented changes occurring in manufacturing that are being brought about by quality management philosophy -- lower inventory, reduced lead-time, preventive maintenance, and increased emphasis on customer satisfaction. Combining theory and practice, it presents alternative systems (models) for managing materials (inventory) -- their use, transformation, distribution, and sale -- and their flow to, within, and from the organization. Covers forecasting and marketing analysis; independent demand systems (deterministic models/probabilistic models); discrete demand systems (deterministic models/materials requirements planning - MRP); inventory system changes and limitations; single order quantities; in-process inventory, just-in-time, and theory of constraints; distribution inventory systems; inventory valuation and measurement; simulation; and aggregate inventory control. Content progresses from simple systems to more complex models; numerous examples of solved problems and short case studies explore a variety of situations and organizational settings; and appendices provide additional extensions and supporting logic on particular topics. For practitioners and advanced students involved in operations, inventory control, production control, and physical supply in manufacturing. |
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... units of a special type of tire next year . The production rate is 200 tires per day , and there are 250 working days available . The setup cost is $ 200.00 per run ; the unit pro- duction cost is $ 15.00 ; holding costs are $ 11.50 per ...
... cost per replenishment Aggregate runout time Reorder point in units Ordering cost for each item in a family Ordering cost or setup cost Unit price discount in dollars Extra fixed purchasing cost with incremental quantity discount ...
... cost per unit per year Replenishment lead time in years Quantity break point in units for a combined unit cost of Sk Production or replenishment rate ( including defective units ) in units per period - - Unit purchase or production cost ( ...
Contents
FORECASTING AND MARKET ANALYSIS | 2 |
DETERMINISTIC MODELS | 90 |
XV | 104 |
Copyright | |
16 other sections not shown