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Introductory Operations Management: Chapter 12 Inventory Management -Part A

Introductory Operations Management: Chapter 12 Inventory Management -Part A

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Published by: u5easdrctd on Mar 23, 2009
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06/27/2013

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Chapter 12 Part A –Inventory Management
Suman Niranjan
 
2
Inventory
Independent
ABCD ED
F(2)
Dependent
Independent demand is uncertain.Dependent demand is certain.
 
Inventory 
: a stock or store of 
 
3
Inventory Models
Independent demand – finished goods, itemsthat are ready to be sold
E.g. a computer
Dependent demand – components of finishedproducts
E.g. parts that make up the computer

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