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Managing Inventories: Determining Order Quantity

Freeland, James R. ; Landel, Robert D. ; Weiss, Elliott N.

Reference: DARDEN-OM-1395-E
Number of pages: 4
Publication Date: Sep 15, 2009
Fecha de edición: Feb 28, 2013
Source: Darden University of Virginia (USA)
Type of Document: Technical Note
Industry Setting: Manufacturing

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Description

Cycle-stock ordering decisions, including cost-element considerations, are examined. Students will see that as materials flow from suppliers through a firm's operations to customers, the cost-effectiveness of inventory investment is improved by the development and implementation of an inventory management system.

Keywords

Economic order quantity Inventory management relevant costs