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Principles of Inventory and Materials Management (4th
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business account Paperback: 608 pages Publisher: Pearson; 4 edition (August 21, 1993) Language: English
ISBN-10: 0134578880 ISBN-13: 978-0134578880 Product Dimensions: 6.1 x 1.5 x 9 inches Shipping
Weight: 1.9 pounds (View shipping rates and policies)
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Book Description
This text/reference addresses the unprecedented changes occurring in manufacturing that are
being brought about by quality management philosophy — lower inventory, reduced lead-time,
preventive maintenance, and increased emphasis on customer satisfaction. Combining theory and
practice, it presents alternative systems (models) for managing materials (inventory) — their use,
transformation, distribution, and sale — and their flow to, within, and from the organization.
Covers forecasting and marketing analysis; independent demand systems (deterministic
models/probabilistic models); discrete demand systems (deterministic models/materials
requirements planning - MRP); inventory system changes and limitations; single order quantities;
in-process inventory, just-in-time, and theory of constraints; distribution inventory systems;
inventory valuation and measurement; simulation; and aggregate inventory control. Content
progresses from simple systems to more complex models; numerous examples of solved problems
and short case studies explore a variety of situations and organizational settings; and appendices
provide additional extensions and supporting logic on particular topics. For practitioners and
advanced students involved in operations, inventory control, production control, and physical
supply in manufacturing.

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