An Introduction to Production and Inventory Control

Front Matter....Pages i-xiv
Front Matter....Pages 1-1
Introduction....Pages 3-5
Control....Pages 6-10
Natural laws....Pages 11-14
Characterizing demand....Pages 15-20
Characterizing production processes....Pages 21-24
Front Matter....Pages 25-25
The advantages of systems....Pages 27-30
Functions of stocks and causes of waiting time....Pages 31-44
Production for stocks or to order....Pages 45-50
The fundamental structure of production control....Pages 51-62
Decision rules in the case of continuous production....Pages 63-69
Decision rules in intermittent production....Pages 70-83
Determination of the re-order level and safety stock....Pages 84-92
Determination of the replenishment batch size....Pages 93-101
Mutual influence of B and Q ....Pages 102-104
Practical execution of an ordering system....Pages 105-113
Standards for stock management....Pages 114-119
Chains of stocks....Pages 120-129
Principal laws of planning....Pages 130-131
Front Matter....Pages 133-133
Practical example of the stock management of electronic components....Pages 135-143
Back Matter....Pages 145-146