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Overview of inventory control

Indira Roy
GATE AIR 395 || Passionate about teaching

U
Unacademy user
Sir,please let us know how to supplement any particular news item/article by going through its background. What to do for background work and how to identify the item whose background is needed to be explored? Thank you.
  1. INVENTORY CONTROL


  2. INDUSTRIAL ENGINEERING Facility Design: Facility location factors and evaluation of alternate locations; types of plant layout and their evaluation; computer aided layout design techniques; assembly line balancing; materials handling systems. Forecasting techniques - causal and Production Planning and Inventory Control: time series models, moving average, exponential smoothing, trend and seasonality; aggregate production planning; master production scheduling; MRP and MRP-ll; order control and flow control; routing, scheduling and priority dispatching; push and pull production systems, concept of JIT manufacturing system; logistics, distribution, and supply chain management; Inventory functions, costs, classifications, deterministic and probabilistic inventory models, quantity discount; perpetual and periodic inventory control systems.


  3. INTRODUCTION TO INVENTORY CONTROL


  4. PURPOSE AND ADVANTAGES OF INVENTORY CONTROL


  5. INVENTORY COSTS


  6. INVENTORY FUNCTION COSTS


  7. SAFETY STOCKS . SAFETY STOCK INTRODUCTION IMPLICATIONS OF SAFETY STOCK . ESTIMATION OF SAFETY STOCK REQUIRED: 1. CASE 1: NORMAL DISTRIBUTION 2. CASE 2: POISSON DISTRIBUTION


  8. CLASSIFICATION OF INVENTORY SYSTEMS . ABC ANALYSIS . FSN ANALYSIS VED ANALYSIS . HML ANALYSIS XYZ ANALYSIS SDE ANALYSIS


  9. INVENTORY CONTROL SYSTEM.S MAX-MIN SYSTEM TWO BIN SYSTEN Q-SYSTEM P-SYSTEM


  10. EOQ MODEL