INVENTORY CONTROL Prof. Kaushik Paul Associate Professor Operations Area E-Mail: [email protected] Phone: 43559308 OBJECTIVES Inventory System Defined Inventory Costs…
1. Inventory System 2. INVENTORY SYSTEM InventoryInventory is the stock of any item or resource used in an organization and can include: raw materials, finished products,…
Slide 1Project and Production Management Module 9 Tactical Decisions and Review Prof Arun Kanda & Prof S.G. Deshmukh, Department of Mechanical Engineering, Indian Institute…
Slide 117 - 1 an inventory is a stock or store of goods and inventory management focuses on the planning and control of finished goods, raw materials, purchased parts work-in-progress…
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 DOM 511 Inventory Control Slide 2 Inventory System Defined Inventory Costs Independent vs. Dependent Demand Single-Period Inventory Model Multi-Period Inventory Models:…