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Inventory Management: Types & Costs

This document outlines the contents of a book on inventory management. It covers 5 chapters: 1) an introduction to inventory, 2) types of inventories including buffer, anticipation, cycle/lot size, transportation, and decoupling inventories, 3) costs associated with inventories like setup, ordering, purchase/production, carrying/holding, and shortage costs, 4) deterministic inventory models including economic order quantity models with uniform demand, production and consumption, shortages, and price breaks, and 5) probabilistic inventory models including single period problems with instantaneous and uniform demand.

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NATIONAL XEROX
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4 views1 page

Inventory Management: Types & Costs

This document outlines the contents of a book on inventory management. It covers 5 chapters: 1) an introduction to inventory, 2) types of inventories including buffer, anticipation, cycle/lot size, transportation, and decoupling inventories, 3) costs associated with inventories like setup, ordering, purchase/production, carrying/holding, and shortage costs, 4) deterministic inventory models including economic order quantity models with uniform demand, production and consumption, shortages, and price breaks, and 5) probabilistic inventory models including single period problems with instantaneous and uniform demand.

Uploaded by

NATIONAL XEROX
Copyright
© All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd

CONTENTS

Chapter-1 Introduction of inventory (1)


Chapter -2 Types of inventories (2)
2.1. Buffer Inventory (2)
2.2 Anticipation inventory (2)
2.3. Cycle (Lot size) Inventory (2)
2.4. Transportation Inventory (2)
2.5. Decoupling Inventory (2)
Chapter-3 Costs of Inventories (3)
3.1. Set-up Cost (3)
3.2. Ordering Cost (3)
3.3. Purchase (or Production) Cost (3)
3.4. Carrying (or holding Cost) (3)
3.5. Shortage (or Stock out) Cost (3)
Chapter -4 Deterministic Inventory Model (4)
4.1. Economic order quantity (4)
4.2. EOQ with uniform demand (4)
4.3. EOQ with Production and consumption (7)
4.4. EOQ with Shortage (9)
4.5. EOQ with Price breaks (11)
Chapter-5 Probabilistic Inventory Model (15)
5.1. Single Period problem with Instantaneous demand (20)
5.2. Single Period problem with uniform demand (20)

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