For the optimal lot size, let's take a look at economic lot sizing procedures.Optimal lot size and economic lot-sizing procedures - how do they work?  Economic lot-sizing procedures for the ...

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Inventories are dead capital and cost money.Inventory Management Analysis 2021 | Series and variant manufacturers as well as wholesalers invest an additional 19 to 30% of their average inventory value ...

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1st order exponential smoothing is a time series analysis technique that can be used in materials management to forecast future demand. In 1st order exponential smoothing, the forecast value of ...

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The funnel model describes the behavior of a production capacity with respect to the processing of production orders in the form of an analogy model of a water funnel. Each ...

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Buyers like to talk about money being earned in purchasing. But is that really true? I claim: All partners in a supply chain bear their costs together! Is there a ...

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Lead time is generally understood as the amount of time required to prepare an action. In the transportation planning under it e.g. the time is grasped, which is necessary for ...

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