Engineering >> Industrial & Management Systems

Inventory Management

by Alvaro Vargas

 

Submitted : Fall 2010


The purpose of this project is to determine the optimum number of ordering cycles each year, the corresponding number of units ordered to finally get the total annual cost of a wholesaler’s inventory.  Some equations were used in order to find this information, and concluded that if a business was to use this information correction, they would be able to run a successful wholesalers business.

 


 

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Advisors :
Thomas Bieske, Mathematics and Statistics
Scott Campbell, Chemical & Biomedical Engineering
Suggested By :
Scott Campbell