PAPER ABOUT: Inventory Management

Introduction, Dependent Demand and Independent Demand, Concepts and Tools of Inventory Management, The Functions and Basic Types of Inventory, Inventory Costs, Inventory Investment The ABC Inventory Control System, Radio Frequency Identification, Inventory Models, The Economic Order Quantity Model, The Quantity Discount Model, The Economic Manufacturing Quantity Model, The Statistical Reorder Point, The Continuous Review and the Periodic ReviewInventory Systems, Summary, Key Terms.

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