Abstract
In a manufacturing company inventory cost is a significant part of expense. So, the Re-order Point (R.O.P.) of the items must be optimum to reduce its carrying cost. We have study about the inventory and R.O.P. in Nevatia Steel & Alloys Pvt. Ltd. Mumbai and tried to find the optimum R.O.P. by applying VED and XYZ Analysis. Finally, for mathematical modeling we also take help of MatLab.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callMore From: International Journal of Mechanical and Industrial Engineering
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
