Abstract
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 |
| Pages | 66-74 |
| Number of pages | 9 |
| Volume | 10 |
| Edition | 1 |
| State | Published - Mar 1969 |
| Externally published | Yes |
ASJC Scopus subject areas
- General Engineering