Knowledge Center
- In-Transit Quantity
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A quantity that has been shipped from one fecility and yet to arrive at another facility
- Independant Demand Methods
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An assumption stating that the deamnd of one item is independant of the other
- Informations System
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A system within organizations to support operations and descision making.
- Invalid Minimum
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an EOQ that does not fall on the valid cost curve when discounted costs are applied
- Inventory
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Typically a list of items being stocked in a warehouse or any physical facility
- Inventory Classification
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Grouping of Inventory with respect to predetermined charatertics
- Invntory Management System
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A software program to manage stock keeping and forecasting of inventory
