APPLICATION OF STATISTICAL FORECASTING TECHNIQUES IN INVENTORY CONTROL POLICY

Research output: Chapter in Book/Report/Conference proceedingChapter

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 languageEnglish (US)
Title of host publicationProduction & Inventory Mgmt
Pages66-74
Number of pages9
Volume10
Edition1
StatePublished - Mar 1969
Externally publishedYes

Fingerprint

Inventory control
Sales
Scheduling
Costs
Industry

ASJC Scopus subject areas

  • Engineering(all)

Cite this

Montgomery, D. (1969). APPLICATION OF STATISTICAL FORECASTING TECHNIQUES IN INVENTORY CONTROL POLICY. In Production & Inventory Mgmt (1 ed., Vol. 10, pp. 66-74)

APPLICATION OF STATISTICAL FORECASTING TECHNIQUES IN INVENTORY CONTROL POLICY. / Montgomery, Douglas.

Production & Inventory Mgmt. Vol. 10 1. ed. 1969. p. 66-74.

Research output: Chapter in Book/Report/Conference proceedingChapter

Montgomery, D 1969, APPLICATION OF STATISTICAL FORECASTING TECHNIQUES IN INVENTORY CONTROL POLICY. in Production & Inventory Mgmt. 1 edn, vol. 10, pp. 66-74.
Montgomery D. APPLICATION OF STATISTICAL FORECASTING TECHNIQUES IN INVENTORY CONTROL POLICY. In Production & Inventory Mgmt. 1 ed. Vol. 10. 1969. p. 66-74
Montgomery, Douglas. / APPLICATION OF STATISTICAL FORECASTING TECHNIQUES IN INVENTORY CONTROL POLICY. Production & Inventory Mgmt. Vol. 10 1. ed. 1969. pp. 66-74
@inbook{343fb1e36ba94062996d8d1cbf4fb701,
title = "APPLICATION OF STATISTICAL FORECASTING TECHNIQUES IN INVENTORY CONTROL POLICY",
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.",
author = "Douglas Montgomery",
year = "1969",
month = "3",
language = "English (US)",
volume = "10",
pages = "66--74",
booktitle = "Production & Inventory Mgmt",
edition = "1",

}

TY - CHAP

T1 - APPLICATION OF STATISTICAL FORECASTING TECHNIQUES IN INVENTORY CONTROL POLICY

AU - Montgomery, Douglas

PY - 1969/3

Y1 - 1969/3

N2 - 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.

AB - 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.

UR - http://www.scopus.com/inward/record.url?scp=0014479683&partnerID=8YFLogxK

UR - http://www.scopus.com/inward/citedby.url?scp=0014479683&partnerID=8YFLogxK

M3 - Chapter

VL - 10

SP - 66

EP - 74

BT - Production & Inventory Mgmt

ER -