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Practical Usefulness of Analysis Techniques 9 Control
COST FACTORS IN PRODUCTION AND INVENTORY CONTROL
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adjustment American Thread Company amount analysis annual base-stock level base-stock system batch branch capacity cent characteristics components control number control system customer demand customer orders decisions demand forecast Department distribution duction economical ECONOMICAL ORDER QUANTITY equal equipment estimate example EXPONENTIAL SMOOTHING Figure fluctuations forecast errors freight frequently function Gantt chart individual inven inventory balances inventory control inventory cost inventory on hand lead Linear Programming load machine manufacturing maximum ment methods minimum-cost needed nomogram normal normally distributed Operations Research order quantity ordering cost out-of-pocket out-of-pocket cost physical units planning and control plant possible problems procedures production and inventory production level production order production planning production rate purchased reorder point reorder system replenishment orders review period run-out safety stock scheduling seasonal shipment stock point Table techniques tion total cost unit cost usage rate week