What are the inventory models for independent demands?

Start networking and exchanging professional insights

Register now or log in to join your professional community.

Next Question:
What are the difference between dependent demand inventory and independent dema...
Posted by:
Mickidad Hashirafu
16-March-2016

Supply Chain Warehouse Management Industrial Engineering

Question added by Deleted user
Date Posted: 2016/05/06

Upvote (2) Views (5) Followers (3) Answers (2) Report Question

Write an Answer
Register now or log in to answer.

2 Answers

by Deleted user

1) Basic EOQ model

2) production order quantity model

3) Quantity discount model

Downvote Reply () Report

Wasi Rahman Sheikh

by Wasi Rahman Sheikh , WAREHOUSE SUPERVISOR , AL MUTLAQ FURNITURE MFG

Right answer add by Mr. Farhan

Downvote Reply () Report

Popular Searches

Sales Executive Jobs Engineers Jobs Engineering Technicians Jobs Accountant Jobs Driver Jobs

Write Your Answer

More Questions Like This

Most inventory models attempt to minimize: A)the likelihood of a stockout B)the number of items ordered C) total inventory based costs?
Top Answer: Total inventory based cost See More

Answers (1)
The two most important inventory-based questions answered by the typical inventory model are.
Top Answer: B. when to place an order and how many of an item to order. As inventory based we care about quantities t ... See More

Answers (4)
True or False: In inventory models, high holding costs tend to favor high inventory levels?
Top Answer: FALSE: The inverse is true INVENTORY TURNOVER = Cost of Goods Sold / Average Inventory Cost As such high ... See More

Answers (6)
True or False: The fixed-order quantity inventory model favors less expensive items because average inventory is lower?
Top Answer: False , I agree with Mr.Abdou warshan See More

Answers (2)

Do you need help in adding the right keywords to your CV? Let our CV writing experts help you.