Principles of Inventory and Materials Management

Principles of Inventory and Materials Management

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Combining theory, practice, and a balanced descriptive and quantitative focus, this volume provides a complete operating philosophy and conceptual foundation for inventory and materials management. Offering a generalized treatment with broad application and appeal, it explores the importance of materials management in attaining organizational objectives, and discusses specific inventory control systems which can be applied to different problem more

Product details

  • Hardback | 1055 pages
  • Pearson Education (US)
  • Prentice Hall
  • Upper Saddle River, United States
  • 3rd edition
  • 0130553859
  • 9780130553850

Table of contents

1. Introduction. 2. Forecasting and Market Analysis. 3. Independent Demand Systems: Deterministic Models. 4. Discrete Demand Systems: Deterministic Models. 5. Independent Demand Systems: Probabilistic Models. 6. Inventory System Changes and Limitations. 7. Single Order Quantities. 8. Dependent Demand Systems: Material Requirements Planning (MRP). 9. Just-In-Time and In-Process Inventory. 10. Distribution Inventory Systems. 11. Inventory Valuation and Measurement. 12. Simulation. 13. Aggregate Inventory Control. Bibliography. more