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Inventory Management Policies

Continious Inventory Review

The post is about what is inventory, and what are the main issues in inventory control. It explains two major classes of inventory policies - continuous inventory review and periodic inventory review. Inventory policies help determine how much is order quantity and when order must be placed to replenish inventory stock. There are fixed-order-quantity system and (s, Q)-policy, and fixed-time-period system and (t, S)-policy,

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Категория: Blog | Просмотров: 222 | Добавил: kvn2us | Теги: continuous inventory review, S) policy, fixed-time-period system, Q) policy, fixed-order-quantity system, (t, (s, periodic inventory review
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