This book describes a variety of quantitative methods that are vital to planning and control in the operations of the industrial world, from suppliers to manufacturing plants to distribution centers and to the dealers and stores. The topics include: forecasting, measuring forecast error, determining the order quantity, safety stock, when and how much inventory to replenish, all this for individual items and for a distribution network where the items are housed in multiple locations. Further quantitative methods are: manufacturing control, just-in-time, assembly, statistical process control, distribution network, supply chain management, transportation and reverse logistics. The methods are proven, practical and doable for mostapplications.
The material inElements of Manufacturing, Distributionand Logistics presents topics that people wantand should know in the work place. Thepresentation is easyto read for students and practitioners. There is little need to delve intodifficult mathematical relationships, and numericalexamples are presented throughout to guide the reader on applications. Practitionerswill be able to apply the methods learned to the systems in their locations,and the typical professional will want the book on theirbookshelf for reference. Everyone in professional organizations like APICS, DSIand INFORMS; MBA graduates, people in industry, and students in managementscience, business and industrial engineering will find this book valuable.