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Optimal stock levels - PowerPoint PPT Presentation

Materials

Materials. Introduction. Inventory in a company includes stock of raw materials, work-in-progress, finished & semi-finished products, spare components and by-products,etc Inventory control is an important feature of cost accounting system. Material control procedures. Purchase. Receipt.

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527 views • 39 slides

Production planning

Production planning One of the main issues to production planning is to try and keep a minimal of stock to keep costs down while making sure to meet customers demands. (Can be hard with seasonal things (Christmas trees)

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236 views • 6 slides

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Optimal stock levels - PowerPoint PPT Presentation

Materials

Production planning