Date....

odtuctlon_and OpexaBlon angge.ment

Assigmment
Sudent Name SuomiHedTo
Rahu Past Rol Pras@niet Samanta

Wha ls JIo Explaln its ehe.fius and lhmilasian

he just-n-HmeLUI) Invendoysusden 1sa
mana.genen shaegy ha algsa madeilak in
Okdes tom Supplteis ditecly winth ph.oducdlon Schedulek
Companles emplayths invenlaýsiaodagy a Indene
elhiclendy and de dease uasle by eelvind 40ads_only
_as heyNeed hen lakpkaduchl.on pkoteshich
iedue InVeniaiy_Cosds This Methad lequles pãodures h
fae cast_domand _accukalely_

Bene fils_oi JI
ReduleSelup ime and lan wasiage
T Tedae he Inuentany coso uiaaehotse cost
T educe tkig Capilal Inucslmert to a glealk _exient
hs In tutn_ leads ta bele RoJ and piofitabrlhly
fas onganl2atlon S
In JIL Immense locuson qualilyo dhe. linaphoduc
ahd Companies inik to achieve first ime gh' b) all

Limitatlon of JI
Rs ko undhg_out af stock
Depen dency O n -Suppliexs
Moie planhlrg qulxed

Spirat
 Date...
eline nwenfony Cantial Descibe he
Invevutaly_tmodels in bte
nuenianyConal s a_plauned a.ppl.oach of datelmining-
hat ta de, ihen t rde and hog miuch
So that casts a.ssoctaledwth huytng o stack
and sBoxlin g a
plimal without Iniexuphng ptodudton an.d sale)
nvenoky Model
0_Econamlc OxderOuanily (E0a
E00 modet ler dn oyanizcBon to Kno thenD
nlentory uniis ya. shoulo der ta educeCost
based an yaul Companybholding casks okdextn (asés_and
ate ofdemand
S-Setuplsder) Cost
Pao duction Cast D Demand Rale
TE ake Some dssunpitan ike Bale ak domand tnVendaky
Cast and Odelng Css Is onslant

Inventary Ptoduciin Quamily

This madel dells_you he ntumbex o pkodueis ynu butsnes
Should akder o Single badth n hapes dedudng
halding_cost andsetup ast[ asume thak each
dex deWekedo oy yor SupplheA pas o
oustnesjathea han ln_Ohe lull ptanlac

TPo 2kD k:Setup Cotdea) Casks

hltX) D-Demand Rake
h-Yeatly holdind, (ost pa
X-De man Tale
Productton Rake.
 Batik

Date..

ABC AnalysS Invenioty Caniol In thts

Selecttve
I alsokiAn aS alc clastlied as
the Hemta highest alue
tem atuith low ualue as 'B Tlems
A Henahd he
ahdhe Hemsleast valuable ate classLied 3_
CIlems' he sBa1ngemCozo 1S mpoed on_
0 M_netessaty
AJlems malntalngbate minimuM
InNent outes_of these hile Bilen utll-
level of
'CTlem wlLbe
Rept under leasanable Canttol and
under Slmple onixol-

03 hbaIs the ImpoHante of stotes

op.exailonsoF a
Siote plky a uital ale In the
Company Is in ditecd lohtthihe usex
ImpoTHant
depalBvents day t dy acvdles The hosi
pukpaseseaNed b the sloles Is o piovlde
dtustms_
tunjndeltuple sente to he manukacluxn

LnpolHance
Enableondimucu.s Qoducilan
Redute ms managnends
Lendsio mnlanuh lhentony }neskment
leads o esy Isentlticaßtan anspeclEtcabton ot
Tmalelall
ingute00s qualily ak lesSe a
Helps _ mininte actdeak
aolac enatoial lian danages delarlazaton, hett
-pilleiaga elc

Spiral
 Date..

eine. Madenial Manog.hoet. Discuss the ahjeciiveand

Fuhclon_a matenLal Management
Nadelak mana gament defne_asas he Funclton ep.onsible
fOx heCooddtda.ton. of planning SouicngpuTta stngmbvhg
Stonta and cantolltm makerlals In_an aptimum manm
caskomer
Sa asto ptoide a pledecided Selvice fo he
at amintmum Cost

Ohjechweot Matetal Managenent

Scope at Malenal Parogem.ent

Malernal Stote othea Relaled unchon

Maeria Puxch asi ivettry -

Plannin ana geomeh Managemehnt

nanaee Stawdadisatton
Cpvrtsal Stplt fcation
Spactftcalton
Value analysl5
Jast tn Tme
lun ctlon a Maleal Nanagement
Thefuncton of matetak iauaganent_can bs cateqanzed
In he folloning uays
Matexla PlaHnng and Comn
Parchasag
Stole mánagement
Invetozy Contzol o aragament
Skand.ardlhalion
Slmpli fcdn
Susin ine-