Some Aspects of Statistical Quality Control in Inventory Models - Softcover

Konda Reddy, N.; Rao, Nagabhushan; Babu, O. Hari

Softcover

ISBN 10: 6202027835 ISBN 13: 9786202027830

Verlag: LAP LAMBERT Academic Publishing, 2020

Inhaltsangabe

Inventory control is one of the fundamental areas of management in any organisation. According to Love (1979), the term inventory refers to “an idle resource of any kind having an economic value”. Inventory of equipment, Spare parts, domestic consumables etc., are some familiar words in which the word inventory is understood as ‘physical stock awaiting its use or consumption’. The very existence of inventory is due to a temporary halt between the supply and demand processes for the commodity under consideration. It is normally not possible to get items as and when they are demanded. Certain amount of inventory is always necessary for the smooth running of the business. However, neither a high inventory nor a low inventory is desirable because there are costs associated with keeping stock.

Über diesen Titel

Über die Autorin bzw. den Autor

Dr. N. Konda Reddy is Associate Professor in the Dept. of Mathematics in Koneru Lakshmaiah University (Deemed University) Greenfield. He has 18 years teaching experience and published 5 research papers.

Details zur Ausgabe

• Verlag: LAP LAMBERT Academic Publishing
• Erscheinungsdatum: 2020
• Sprache: Englisch
• ISBN 10: 6202027835
• ISBN 13: 9786202027830
• Einband: Taschenbuch
• Anzahl der Seiten: 72
• Kontakt zum Hersteller: Nicht verfügbar
• Verantwortliche Person: Fastbook Publishing; customerservice@vdm-vsg.de; ; Brivibas gatve 197; Riga; 1039; Lettland