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Roberto Rossi

Published On


Page Range

pp. 25-38

Print Length

13 pages

Inventory Systems

Chapter of: Inventory Analytics(pp. 25–38)
In this chapter, we first discuss key reasons for keeping inventory in supply chain management, and strategies that can be adopted to review inventory. We then introduce a simple inventory system to motivate our discussion, we illustrate what costs need to be considered while controlling inventory, and the impact of a supplier lead time on the inventory system.