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Principles of Inventory and Materials Management - Softcover

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9780134578880: Principles of Inventory and Materials Management

Synopsis

This text/reference addresses the unprecedented changes occurring in manufacturing that are being brought about by quality management philosophy — lower inventory, reduced lead-time, preventive maintenance, and increased emphasis on customer satisfaction. Combining theory and practice, it presents alternative systems (models) for managing materials (inventory) — their use, transformation, distribution, and sale — and their flow to, within, and from the organization. Covers forecasting and marketing analysis; independent demand systems (deterministic models/probabilistic models); discrete demand systems (deterministic models/materials requirements planning - MRP); inventory system changes and limitations; single order quantities; in-process inventory, just-in-time, and theory of constraints; distribution inventory systems; inventory valuation and measurement; simulation; and aggregate inventory control. Content progresses from simple systems to more complex models; numerous examples of solved problems and short case studies explore a variety of situations and organizational settings; and appendices provide additional extensions and supporting logic on particular topics. For practitioners and advanced students involved in operations, inventory control, production control, and physical supply in manufacturing.

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From the Publisher

This reference addresses the unprecedented changes occurring in manufacturing that are being brought about by quality management philosophy --lower inventory, reduced lead-time, preventive maintenance, and increased emphasis on customer satisfaction.

"About this title" may belong to another edition of this title.

  • PublisherPearson
  • Publication date1993
  • ISBN 10 0134578880
  • ISBN 13 9780134578880
  • BindingPaperback
  • LanguageEnglish
  • Edition number4
  • Number of pages608
  • Rating
    • 4.25 out of 5 stars
      79 ratings by Goodreads

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9780131264847: Principles of Inventory and Materials Management

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ISBN 10:  0131264842 ISBN 13:  9780131264847
Publisher: Prentice Hall PTR, 1993
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Tersine, Richard; M. Hays
Published by Pearson, 1993
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