Download ppt inventory management

To browse Academia. Log in with Facebook Log in with Google. Remember me on this computer. Enter the email address you signed up with and we'll email you a reset link. Need an account? Click here to sign up. Download Free PDF. Inventory Management. Juhi Aggarwal. A short summary of this paper. The firm knows with certainty then annual usage of particular item of inventory.

The rate at which firm uses inventory is steady over time. The orders placed to replenish inventory stocks are received at exactly that point in time when inventories reach zero. EOQ Economic Order quantity Economic order quantity is the level of inventory that minimizes total inventory holding costs and ordering costs. It is one of the oldest classical production scheduling models. An optimum policy balances inventory holding cost per unit time with setup cost per unit time.

Favour Bright. Vikrant Srivastava. Mershed Aburajab. Witoon Witoonsuriya , -- at global house. Qamar Ashraf , Athuliya K. Arjmand bano. Janath Kumar. Show More. Views Total views. Actions Shares. No notes for slide. Inventory Management Total views 78, On Slideshare 0.

From embeds 0. Number of embeds Downloads 6, Shares 0. Comments 0. Likes The below diagram explains about the functional access of relationship between the function of inventory management and the function of inventory management systems:.

All the organizations have a supply of inventory because of below reasons:. In making the decisions which affect the size of inventory, the below costs have to be considered and they are:. The single period inventory models are used in following services:. There are two types of multiperiod inventory systems and they are:. It is a vital parameter for managers to identify the running of products by availing the logic of inventory control. The relation between prices of a sold product, the value of average inventory, and inventory turn.