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Inventory Parameters

  • Sanjay¬†Sharma

Table of contents

  1. Front Matter
    Pages i-xi
  2. Sanjay Sharma
    Pages 1-23
  3. Sanjay Sharma
    Pages 25-44
  4. Sanjay Sharma
    Pages 45-69
  5. Sanjay Sharma
    Pages 71-110
  6. Sanjay Sharma
    Pages 111-130
  7. Sanjay Sharma
    Pages 131-185
  8. Sanjay Sharma
    Pages 187-234
  9. Back Matter
    Pages 235-237

About this book

Introduction

This book provides a detailed overview of various parameters/factors involved in inventory analysis. It especially focuses on the assessment and modeling of basic inventory parameters, namely demand, procurement cost, cycle time, ordering cost, inventory carrying cost, inventory stock, stock out level, and stock out cost. In the context of economic lot size, it provides equations related to the optimum values. It also discusses why the optimum lot size and optimum total relevant cost are considered to be key decision variables, and uses numerous examples to explain each of these inventory parameters separately. Lastly, it provides detailed information on parameter estimation for different sectors/products. Written in a simple and lucid style, it offers a valuable resource for a broad readership, especially Master of Business Administration (MBA) students.

Keywords

Inventory Management Supply Management Purchase Procurement Inventory Cost

Authors and affiliations

  • Sanjay¬†Sharma
    • 1
  1. 1.National Institute of Industrial Engineering (NITIE)MumbaiIndia

Bibliographic information

  • DOI https://doi.org/10.1007/978-981-10-4545-5
  • Copyright Information Springer Nature Singapore Pte Ltd. 2017
  • Publisher Name Springer, Singapore
  • eBook Packages Engineering
  • Print ISBN 978-981-10-4544-8
  • Online ISBN 978-981-10-4545-5
  • Buy this book on publisher's site