Inventory Control or C for Business Programmers

Inventory Control

Author: Sven Axsater

Critical to most organizations in any sector of the economy is the control of material flow from suppliers to customers. The strategic importance of this area, often referred to as Supply Chain Management, is today fully recognized by top management as well as academia. The total investment in inventories is enormous, and the control of capital tied up in raw material, work-in-progress, and finished goods offers, in general, a huge potential for improvement. Scientific methods for production and inventory control can give a significant competitive advantage. Inventory Control deals with different approaches and models that can be used when developing inventory management systems and practices.Today, most companies can realize large savings through improved production and inventory management and one purpose of this book is to describe and explain scientific techniques and hence support and simplify implementation in practice. Another purpose is that the book should be useful as a textbook in various university Courses. Inventory Control satisfies both of these purposes because it covers the very recent advances in inventory theory. For example, new techniques for multi-echelon inventory systems and Roundy's 98 percent approximation are covered, as well as more traditional approaches for forecasting, lot sizing, and determination of safety stocks and reorder points. Other important topics covered are coordinated replenishments of different items and multi-stage ordering systems which include reorder point policies, KANBAN policies and Material Requirements Planning. A thorough understanding of such models and approaches is a prerequisite to successfully applying modern inventory control techniques. The book concludes with a chapter on various practical issues in connection with industrial implementation.

Table of Contents:

1	Introduction	1
2	Forecasting	7
3	Costs and concepts	43
4	Single-echelon systems : deterministic lot sizing	51
5	Single-echelon systems : reorder points	77
6	Single-echelon systems : integration - optimality	129
7	Coordinated ordering	149
8	Multi-echelon systems : structures and ordering policies	187
9	Multi-echelon systems : lot sizing	221
10	Multi-echelon systems : reorder points	247
11	Implementation	295

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C++ for Business Programmers

Author: John C Molluzzo

This book provides a highly readable introduction to C++ programming for beginning business programmers. It guides readers through complete and clear descriptions of sample programs, with a wealth of exercises included along the way to help reinforce the important points of each chapter. Throughout the text, a strong emphasis is placed on business applications, rather than those in mathematics or computing. Part I (Basic C++) covers the procedural parts of C++. Part II (Object-Oriented Concepts and Programming) introduces object-oriented ideas through the built-in string class. Part III (Object-Oriented Programming) explores the essential object-oriented ideas through inheritance and polymorphism. For beginning programmers using C++ for business.