Abstract
This paper prepared after a deep study on certain
concepts of Operation Research. It involves the inventory
management, its terminology and different types of
inventory management like basic economic order quantity
with instantaneous supply and selector inventory
management. With the help of EOQ and ABC analysis
optimum level of inventory is determined..
Keywords— Operation Research, Inventory
Management.
References
Dr. Angel Raphella.S, Mr. Gomathi Nathan.S, Miss.Chitra.G Inventory management case study International Journal of Emerging research in Management and technology ISSN:22789359 (vol 3).
Balakrishnan Anantaram, S. Pangburn Michael, and Stavrulaki Euthemia, Stack Them High, Let 'em Fly: Lot-Sizing Policies When Inventories Stimulate Demand. Management Science, 2004. 50.5. pp. 630-644.
S.P. Desselle, and D.P. Zgarrick, Purchasing and Inventory Management, Pharmacy Management: Essentials for All Practice Settings 2nd ed., New York: McGraw-Hill Co., Inc, 2009, p. 383.
C. Drury, Management and Cost Accounting. London: International Housan Business Press.1996.
W.Harris Ford, How Many Parts to Make at Once, Operations Research. INFORMS, 38.6, pp.947-950, 1990..