Inventory Planning with Innovation

Book description

The reference text will help readers to understand inventory planning by understanding the difference between procurement and production activities. It will be an ideal reference text for senior undergraduate, graduate students, and professionals in the field of industrial engineering, production engineering, and manufacturing science.

Table of contents

  1. Cover
  2. Half-Title
  3. Title
  4. Copyright
  5. Contents
  6. Preface
  7. Author Biography
  8. Chapter 1 Introduction
    1. 1.1 Innovation Efforts
      1. 1.1.1 Type of Organization
      2. 1.1.2 Size of Organization
      3. 1.1.3 Nature of Innovation
      4. 1.1.4 Intended Aim
      5. 1.1.5 Area of Work
      6. 1.1.6 Scope of Work
      7. 1.1.7 Boundary of Innovation
      8. 1.1.8 Related Investment/Expenditure
      9. 1.1.9 Time Consideration
    2. 1.2 Inventory Planning
      1. 1.2.1 Purchase Inventory
      2. 1.2.2 Manufacturing Inventory
    3. 1.3 Strategic Period
      1. 1.3.1 Planned Duration for Purchase
      2. 1.3.2 Planned Duration for Manufacture
  9. Chapter 2 Procurement Inventory
    1. 2.1 Purchase
      1. 2.1.1 Purchase for Trading
      2. 2.1.2 Purchase for Manufacture
    2. 2.2 Role of Innovation
    3. 2.3 Total Cost Estimation
    4. 2.4 Procurement Examples
      1. 2.4.1 Basic Example
      2. 2.4.2 Significance of (D/T) Ratio
      3. 2.4.3 Implications of (D/T) Increase
      4. 2.4.4 Example with (D/T) Reduction
      5. 2.4.5 Implications of (C/I)
      6. 2.4.6 Interaction of H and I
    5. 2.5 Imperfect Lot
      1. 2.5.1 Dealing with the t Increase
      2. 2.5.2 Dealing with the t Reduction
    6. 2.6 Permissible Backorders
  10. Chapter 3 Production Inventory
    1. 3.1 Manufacture
      1. 3.1.1 Single Production Facility
      2. 3.1.2 Group of Production Facilities
    2. 3.2 Innovation
      1. 3.2.1 Possibilities for a Production Firm
      2. 3.2.2 Sequential Process
    3. 3.3 Related Total Cost Planning
      1. 3.3.1 Cost Components
      2. 3.3.2 Production Cycle Time
    4. 3.4 Production Examples
      1. 3.4.1 Variation in the Innovation Cost
      2. 3.4.2 Restoring the t Value
      3. 3.4.3 Variation in T
    5. 3.5 Imperfect Batch
      1. 3.5.1 Decrease in t
      2. 3.5.2 Increase in t
    6. 3.6 Permissible Shortages
  11. Chapter 4 Multiple Products
    1. 4.1 Need
      1. 4.1.1 Consumption Pattern
      2. 4.1.2 Storage Capacity
      3. 4.1.3 Production Capacity
      4. 4.1.4 Product Family
    2. 4.2 Multiple Items Procurement
      1. 4.2.1 Illustrative Example
      2. 4.2.2 Innovative Product Entry
      3. 4.2.3 Innovative Product Exit
      4. 4.2.4 Variation in the Planning Horizon
    3. 4.3 Multiple Items Manufacture
      1. 4.3.1 Example
      2. 4.3.2 Inclusion of Innovative Item
      3. 4.3.3 Exclusion of Innovative Item
      4. 4.3.4 Change in the Planned Duration
    4. 4.4 Imperfect Items
      1. 4.4.1 Purchase Scenario
      2. 4.4.2 Production Scenario
  12. Chapter 5 Conclusion
    1. 5.1 Remarks
      1. 5.1.1 Single-Item Purchase
      2. 5.1.2 Multi-item Purchase
      3. 5.1.3 Single-Item Production
      4. 5.1.4 Multi-item Production
    2. 5.2 Scope
      1. 5.2.1 Within the Organization
      2. 5.2.2 Beyond the Organization
    3. 5.3 Benefits
  13. General Reading I
  14. General Reading II
  15. General Reading III
  16. Index

Product information

  • Title: Inventory Planning with Innovation
  • Author(s): Sanjay Sharma
  • Release date: March 2021
  • Publisher(s): CRC Press
  • ISBN: 9781000367386