Scientific inventory policies for multi-item raw materials under fluctuating demand situation with warehouse constraint

This paper demonstrates the applicability of scientific inventory policies for continuous review of multiple raw materials in any manufacturing set-up. Such inventory policies are constructed so as to maintain an adequate supply of raw materials for production processes, thus the level of raw materi...

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Bibliographic Details
Main Authors: Alberto, Mary T., Sabido, Jeanette O.
Format: text
Language:English
Published: Animo Repository 1986
Subjects:
Online Access:https://animorepository.dlsu.edu.ph/etd_bachelors/15994
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Institution: De La Salle University
Language: English
Description
Summary:This paper demonstrates the applicability of scientific inventory policies for continuous review of multiple raw materials in any manufacturing set-up. Such inventory policies are constructed so as to maintain an adequate supply of raw materials for production processes, thus the level of raw materials is controlled so as to block too much capital in the form of idle resources.