Inventory Control and Management
Balances both theory and practice, emphasizing the most effective and proven methods of inventory control without getting bogged down in mathematical manipulation. Divided into 3 sections beginning with the purpose of stock, costs involved, the objectives of stock control, etc. Section Two examines independent demand inventory systems which are based on quantitative models and forecast demand. Lastly, it describes dependent demand systems, focusing on material requirements planning, Just-in-Time systems and the methods of scheduling. Each chapter contains frequent summaries of key issues, self assessment questions and solutions, problems, examples and references for further reading.--This text refers to an out of print or unavailable edition of this title.