MANAGEMENT SCIENCE
CHAPTER 15
Inventory Management Part 1
166
Introduction 166 Different Types of Inventory and Purposes of Inventory 167 Structure of Inventory System 167 Inventory Costs 170 Economic Order Quantity Model 172 ABC Classification System 175 Fixed Quantity System or Perpetual System 177 Fixed Period System 178 Conclusion 179 Review Questions 180 Case Problems 180
CHAPTER 16
Inventory Management Part 2
181
Introduction
181 182 182 184 186 186 186
Pattern of Unit Cost Decrease
Discount Offered at One Price Level Discount Offered at Several Price Breaks
Conclusion
Review Questions Case Problems
CHAPTER 17
Forecasting Part 1
188
Introduction
188 189 189 190 193 195 195 196
Quantitative Methods and Characteristics
Time-series Analysis Simple Moving Average Exponential Smoothing
xi
Conclusion
Review Questions
Case Problem
CHAPTER 18
Forecasting Part 2
197
Introduction
197 198 199 200 202 202 203
Forecast Errors
Trend
Least Squares Regression
Conclusion
Review Questions Case Problems
Appendices
205 208
References and Bibliography
63
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