Elements of Manufacturing, Distribution and Logistics: Quantitative Methods for Planning and Control

This book describes a variety of quantitative methods that are vital to planning and control in the operations of the industrial world, from suppliers to manufacturing plants to distribution centers and to the dealers and stores. The topics include: forecasting, measuring forecast error, determining the order quantity, safety sk, when and how much inventory to replenish, all this for individual items and for a distribution network where the items are housed in multiple locations. Further qu...