Models of Inventory Control: Inventory Control - Softcover

Pattnaik, Monalisha

Softcover

ISBN 10: 3659149527 ISBN 13: 9783659149528

Publisher: LAP LAMBERT Academic Publishing, 2012

Synopsis

Models of inventory control are vitally important to almost any type of industry, whether product manufacturing or product purchasing oriented. Investments in raw materials, qualitative goods with reliability, uncertain (fuzzy) system costs, spare parts, entropy, allowing pre-and post deterioration discounts, instant deterioration discounts, costs for promotion of the finished products, disposal cost of deteriorated items and finished products are all critical costs of operations which if not controlled can lead to high capital costs, high operating costs, and decreased production efficiency. This book focuses on the problems of inventory control in small-scale or large-scale manufacturing industries. It discusses fifteen different models to optimize the available resources with constraints with a view to reducing the inventory total costs and achieving improved payoff turnover. The book is designed as a text on models of inventory control for postgraduate students pursuing courses in commerce, management, and engineering. It is also suitable for all those studying for professional qualifications such as CA, ICWA, and CS.

About this title

About the Author

Dr. Monalisha Pattnaik is a faculty member of Department of Business Administration, Utkal University, India. Her research areas mainly focus on Inventory Control, Project Management and Optimization. Dr. Pattnaik is in the editorial board of seven international journals. She has published many articles in international journals.

Edition details

• Publisher: LAP LAMBERT Academic Publishing
• Publication date: 2012
• Language: English
• ISBN 10: 3659149527
• ISBN 13: 9783659149528
• Binding: Paperback
• Number of pages: 196