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INVENTORY CONTROL Prof. Kaushik Paul Associate Professor Operations Area E-Mail: [email protected] Phone: 43559308 OBJECTIVES Inventory System Defined Inventory Costs…
12 C H A P T E R Inventory Management DISCUSSION QUESTIONS 1. The four types of inventory are: Raw material—items that are to be converted into product Work-in-process(WIP)—itemsthat…
1. OBJECTIVES Inventory System Defined Types of Inventory Supply ChainIndependent vs. Dependent Demand Inventory System Models ManagementMulti-Period Inventory Models: Basic…
Slide 11 EMBA-2, BUP EO - 702 Inventory Control Slide 2 EO - 702 M. AsadEMBA-2 Inventory Control Inventory – The longer it sits, the harder it is to move Purposes of Inventory…
Slide 1Irwin/McGraw-Hill 1 What is Inventory? Definition--The stock of any item or resource used in an organization Raw materials Finished products Component parts Supplies…
Slide 1Chapter 12: Inventory Control Slide 2 Purposes of Inventory 1. To maintain independence of operations 2. To meet variation in product demand 3. To allow flexibility…
Slide 1 Gestión de Inventarios, Modelos determinÃsticos y Estocásticos CARLOS A. MARINO DEL ROSARIO Director IngenierÃa LogÃstica y de Transporte Coordinador…