Principles of Inventory and Materials Management, 4th Edition

Richard J. Tersine all

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Principles of Inventory and Materials Management, 4th Edition

By Richard J. Tersine, M. Hays
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Richard J. Tersine all
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This title is a text-reference for advanced students and practitioners involved in operations, inventory control, production control, and physical supply in manufacturing.

  • presents the theory and applications of alternative systems (models) for managing materials (inventory) — their use, transformation, distribution, and sale — and their flow to, within, and from the organisation.
  • content progresses from simple systems to more complex models.
  • features numerous examples of solved problems and short case studies that explore a variety of situations and organisational settings.
Table of contents
  • 1. Introduction.
  • 2. Forecasting and Market Analysis.
  • 3. Independent Demand Systems: Deterministic Models.
  • 4. Discrete Demand Systems: Deterministic Models.
  • 5. Independent Demand Systems: Probabilistic Models.
  • 6. Inventory System Changes and Limitations.
  • 7. Single Order Quantities.
  • 8. Dependent Demand Systems: Material Requirements Planning (MRP).
  • 9. In-Process Inventory, Just-in-Time, and Theory of Constraints.
  • 10. Distribution Inventory Systems.
  • 11. Inventory Valuation and Measurement.
  • 12. Simulation.
  • 13. Aggregate Inventory Control.
  • Bibliography.
  • Index.