Titlebook: Materials Management; An Integrated System Prem Vrat Textbook 2014 Springer Nature India Private Limited 2014 Integrated Systems Approach.I

帳單

Basic Concepts in Inventory Management,s of inventories – raw materials, finished goods, in-process inventory, MRO inventory, etc. – are outlined. The need to keep inventory and the functions of inventory as a decoupling agent to enable various subsystems in a supply chain to be decoupled are described. The inventory-related cost paramet

披肩

Selective Inventory Management,trol in the light of a large number of items (SKUs) required to be managed in most organizations. Three most common approaches to SIM, namely, ABC analysis, VED analysis, and FSN analysis, have been detailed. Importance of ABC analysis as a manifestation of Pareto’s Law of Maldistribution or 20:80 r

協(xié)議

Myelin

Dynamic Inventory Models: Aggregate Analysis, that a rational inventory policy should strike a trade-off between total inventory and total number of orders. This could be used to quickly detect if the present policy is rational or not. If not, the coverage analysis is then used to rationalize the inventory policy for individual items. Coverage

Contend

Deterministic Inventory Models,t discusses the most classical Wilson’s lot size model to determine EOQ and examines its sensitivity with respect to deviation from EOQ as well as errors in parameter estimation. EOQ is a very robust model wherein even with?±10?% deviations from EOQ for operating convenience or for accepting vendor’

interrogate

Dynamic Inventory Models with Quantity Discounts,in the classical EOQ models. Two types of unit price variations are considered: one in which the unit price is linked with order quantity for incentivizing bulk purchases by reducing the unit price if order quantity is beyond a threshold value called price-break points. Two types of quantity discoun

FLORA

BILIO

Just-in-Time, MRP, and Lean Supply Chains,f “pull-based” systems and “push-based” systems are explained. Conditions required for JIT (zero-inventory) system are explained. These are highly reliable/dependable source of supply located nearby, single vendor base, very frequent supplies in small quantities, direct supply from source to point o

Ischemic-Stroke

IDEAS