Inventory controlPPT.pptVIP

3. Inventory control Contents Classification ABC management Economic ordering quantity WW method Newsboy problem Dynamic approach Concepts of inventory Richman and inventory Inventory in production GDP and inventory 20%--30% of GDP Economic cycle and inventory Classification Classification for accounting Row material, WIP, SKU Inventory and B/S TV set before 10 years Different inventory positions Huge machine：row material, WIP Consumer goods:60%～80% of SKU Inventory with uncertainty Inventory with lead time Inventory with due date Classification for management Lot-size inventory Safety