Essays Tagged: "sizing techniques"

Classification of Materials. ABC classification which is the most popular method is discussed in detail. The other classifications like VED, combined ABC-VED etc. are also mentioned.

s Planning), DRP (Distribution Requirements Planning, or EOQ (Economic Order Quantity) or other lot sizing techniques such as Lot for Lot. 10 % of the "A" items volume accounts for 70% of the total in ... when low or out of stock. Normal control is used and good records are maintained. EOQ and other lot sizing methods can be used effectively with these items. "B" items account for 20% of the total inve ...

(5 pages) 49 0 3.0 Jul/2006

Subjects: Businesss Research Papers > Management