Make economic
buying decisions and plan when to buy to avoid downtime - for
purchasers, engineers, supervisors and foremen.
This program
allows you to modify inputs such as purchasing cost, holding
cost, price and usage quantities to suit your particular
situation.
What you get is calculation of economic order quantities and
re-order levels for various usage and price levels on a read-off
matrix. A printout can also be made for daily continuous usage by
purchasers, engineers, supervisors and maintenance personnel. It
can guide people to make economic purchasing decisions for the
organisation.
You should also order the management module "Stock Control Techniques" as a guideline and use this model for all the calculations.
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