IBM H20-0471-1 System 360 Inventory Control Application Description 1968 free download

File name H20-0471-1_System_360_Inventory_Control_Application_Description_1968.pdf

=====;- - - - - -" - - - - - -- - - - --- - ===;:' =- - -. == ':' Application Program H20-0471-1 System/3S0 Inventory Control Application Description The IBM inventory control application consists of a group of integrated programs and techniques designed for the selection and implementation of order point inventory control where it applies in manufacturing organizations. The programs provide for (1) classification of inven- tory items for determining the type of control, (2) calculation of economic order quantities on the basis of usage information or future requirements, (3) compu- tation of safety. stock and order point, (4) projection of demand on the basis of historical data and (5) basic programs for transaction processing and report preparation. This manual includes a general description of these programs, the machine configuration, general systems charts, sample reports, and a discussion of inventory control concepts applicable to the use of the programs. Second Edition This edition is a major revision of, and obsoletes, H20-0471-0. Significant changes or additions to the specifications contained in this pUblication will be reported in subsequent revisions or Technical Newsletters. Copies of this and other IBM publications can be obtained through IBM branch offices. Address comments concerning the contents of this publication to IBM, Technical Publications Department, 112 East Post Road, White Plains, N. Y. 10601 0International Business Machines Corporation 1967, 1968 CONTENTS Introduction 1 Purpose and Objectives 2 Extent of Coverage 3 Description of Prograrr-s 5 Inventory Analysis 5 Order Point 9 Safety Stock 11 Other Features 19 Summary 20 Order Quantity 23 Standard EOQ 24 Time Periods of Supply 26 Analysis for Implementation 26 Balancing Technique 28 Unit Cost Technique 29 Summary 30 Projection 32 Initialization P