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Inventory Control & Production Planning: A Researcher’s Guide


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  • Product Description

Inventory Management is a vital part of a large scale as well as small scale business. The present work consists of a number of real life inventory problems for different types of demand pattern such as: deterministic, price sensitive, stochastic, etc. In my book, I have mainly tried to highlight two common phenomena which are often occurred in market place: (a) existence of imperfect quality items in ordered lot size or in production lot and (b) occurrence of shortages. Besides these, I have also emphasized on market goodwill and backlogging. For maintaining brand image in market it is assumed that only good quality items are used to meet customers demand and the imperfect or defective items which are accumulated after completion of screening process are either sold in a single batch or send for rework. Again, I have focused on the concept of JIT (JUST-IN-TIME) approach and its utility. JIT is a very new concept in inventory literature. The idea of JIT-production is also discussed in this book.

Product Specifications
SKU :COC67847
AuthorMonami Das Roy
Number of Pages324
Publishing Year2013-08-08T00:00:00.000
Edition1 st
Book TypeMathematics
Country of ManufactureIndia
Product BrandLAP LAMBERT Academic Publishing
Product Packaging InfoBox
In The Box1 Piece
Product First Available On ClickOnCare.com2015-07-08 00:00:00