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Chapter Five

Chapter Five. Inventory Control Subject to Uncertain Demand. Frequency Histogram for a 52-week History of Sales of The Computer Journal at Mac’s. Fig. 5-1. Frequency Histogram and Normal Approximation. Fig. 5-2. Expected Cost Function for Newsboy Model. Fig. 5-3.

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Chapter Five

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  1. Chapter Five Inventory Control Subject to Uncertain Demand

  2. Frequency Histogram for a 52-week History of Sales of The Computer Journal at Mac’s Fig. 5-1

  3. Frequency Histogram and Normal Approximation Fig. 5-2

  4. Expected Cost Function for Newsboy Model Fig. 5-3

  5. Determination of the Optimal Order Quantity for Newsboy Example Fig. 5-4

  6. Changes in Inventory Over Time for Continuous-Review (Q, R) System Fig. 5-5

  7. Expected Inventory Level for (Q, R) Inventory Model Fig. 5-6

  8. Pareto Curve: Distribution of Inventory by Value Fig. 5-7

  9. Exchange Curve of Replenishment Frequency and Inventory Value Fig. 5-8

  10. Exchange Curve of the Investment in Safety Stock and  Fig. 5-9

  11. Exchange Curve:Harvey’s Specialty Shop Fig. 5-10

  12. Typical Three-Level Distribution System Fig. 5-11

  13. Typical Three-LevelAssembly System Fig. 5-12

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