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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Richard J. Tersine. The single order model is concerned with the planning and control of inventory items for which only one replenishment opportunity exists . An item is ... Single order Outside supply Self - supply Known demand Variable 313.
... orders . Single order items are frequently a greater source of difficulty , since errors in ordering cannot be corrected by an ongoing demand . Seasonal , religious , and cultural events have imposed the need for single order inventory ...
... order model is suited . 2. Give some examples of items which may be controlled according to a single order model , and state why that is so for each . 3. What conditions may result when items are ordered for one time period according to a ...
Contents
FORECASTING AND MARKET ANALYSIS | 2 |
DETERMINISTIC MODELS | 90 |
XV | 104 |
Copyright | |
16 other sections not shown