Solution to inventory problem using techniques of classical inventory control, sales forecasting and simulation; basic inventory system developed herein has been implemented by company with reasonable success; IBM 7040 computer is used to perform monthly calculations and print reports regarding necessary production, machine loading and job scheduling; inventory costs have been reduced and management decisions regarding inventories have been based on more accurate and reliable data than was previously available.
|Original language||English (US)|
|Title of host publication||Production & Inventory Mgmt|
|Number of pages||9|
|State||Published - Mar 1969|
ASJC Scopus subject areas