Inventory Management using FSN Analysis and Demand Forecasting
Case Study of a Valve Manufacturing Industry
Inventory management has great impact on the overall performance and profitability of an enterprise. The trade-off is between high holding and obsolescence costs of excessive stock on one hand and poor customer service and high shortage costs resulting from low inventory levels on the other. The desired solution is devising a suitable inventory control policy that provides a satisfactory customer service level without keeping unnecessarily large inventories that blocks capital and is difficult to handle. The study compares various quantitative forecasting models for forecasting continuous and highly fluctuating real demand data of a valve man…
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Produktdetails
Weitere Autoren: Gupta, Ajay
- ISBN: 978-613-9-84734-1
- EAN: 9786139847341
- Produktnummer: 37393248
- Verlag: LAP Lambert Academic Publishing
- Sprache: Englisch
- Erscheinungsjahr: 2018
- Seitenangabe: 84 S.
- Masse: H22.0 cm x B15.0 cm x D0.5 cm 143 g
- Abbildungen: Paperback
- Gewicht: 143
Über den Autor
Miss Shubham Tripathi is currently pursuing Doctor of Philosophy (Ph.D) from MNNIT, Allahabad, India. She was awarded gold medal for Master of Technology in Manufacturing Technology (2017) from NIT Jalandhar, Punjab, India. She graduated with Bachelor of Technology in Mechanical Engineering (2014) from FGIET, Raebareli, India.
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