January 2018
Intermediate to advanced
480 pages
236h 9m
English
book
Operations Management: Processes and Supply Chains, 12th Edition
by Lee J. Krajewski, Manoj K. Malhotra, Larry P. Ritzman
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Inventory Trade-offs
The value of inventory management becomes apparent when the complexity of the supply chain is recognized. The performance of numerous suppliers determines the inward flow of materials and services to a firm. The performance of the firm determines the outward flow of services or products to the next stage of the supply chain. The flow of materials, however, determines inventory levels. Inventory is a stock of materials used to satisfy customer demand or to support the production of services or goods. Figure 9.1 shows how inventories are created at one node in a supply chain through the analogy of a water tank. The flow of water into the tank raises the water level. The inward flow of water represents input materials, such ...
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O’Reilly covers everything we've got, with content to help us build a world-class technology community, upgrade the capabilities and competencies of our teams, and improve overall team performance as well as their engagement.Julian F.
I wanted to learn C and C++, but it didn't click for me until I picked up an O'Reilly book. When I went on the O’Reilly platform, I was astonished to find all the books there, plus live events and sandboxes so you could play around with the technology.Addison B.
I’ve been on the O’Reilly platform for more than eight years. I use a couple of learning platforms, but I'm on O'Reilly more than anybody else. When you're there, you start learning. I'm never disappointed.Amir M.
I'm always learning. So when I got on to O'Reilly, I was like a kid in a candy store. There are playlists. There are answers. There's on-demand training. It's worth its weight in gold, in terms of what it allows me to do.