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2. (Q,r) model - Wikipedia

   en.wikipedia.org/wiki/(Q,r)_model

   Constant fill rate for the part being produced: Economic production quantity. Demand is random: classical Newsvendor model. Demand is random, continuous replenishment: Base stock model. Demand varies deterministically over time: Dynamic lot size model. Several products produced on the same machine: Economic lot scheduling problem.

3. Economic order quantity - Wikipedia

   en.wikipedia.org/wiki/Economic_order_quantity

   Economic order quantity. Economic order quantity (EOQ), also known as financial purchase quantity or economic buying quantity, [citation needed] is the order quantity that minimizes the total holding costs and ordering costs in inventory management. It is one of the oldest classical production scheduling models.

4. Microsoft Excel - Wikipedia

   en.wikipedia.org/wiki/Microsoft_Excel

   Microsoft Excel is a spreadsheet editor developed by Microsoft for Windows, macOS, Android, iOS and iPadOS. It features calculation or computation capabilities, graphing tools, pivot tables, and a macro programming language called Visual Basic for Applications (VBA). Excel forms part of the Microsoft 365 suite of software.

5. Inventory optimization - Wikipedia

   en.wikipedia.org/wiki/Inventory_optimization

   Inventory optimization. Inventory optimization refers to the techniques used by businesses to improve their oversight, control and management of inventory size and location across their extended supply network. [1] It has been observed within operations research that "every company has the challenge of matching its supply volume to customer demand.

6. Stock statement - Wikipedia

   en.wikipedia.org/wiki/Stock_Statement

   A stock statement is a business statement that provides information on the value and quantity of stock-related transactions.This statement describes how much stock was purchased at what value and when, and is a matter of accounts and finance supplied by the cash credit account holder (e.g. a private limited company) to banks providing loans at a regular interval.

7. ABC analysis - Wikipedia

   en.wikipedia.org/wiki/ABC_analysis

   After obtaining the random sample, the following steps are carried out for the ABC analysis. Step 1: Compute the annual usage value for every item in the sample by multiplying the annual requirements by the cost per unit. Step 2: Arrange the items in descending order of the usage value calculated above. Step 3: Make a cumulative total of the ...