Page 224 - DMGT551_RETAIL_BUSINESS_ENVIRONMENT

Unit 11: Physical Distribution and Inventory Management

11.9 Review Questions Notes

1. What do you mean by Physical distribution?
2. What do you know about Economic Order Quantity?

3. Write a note on different inventory management techniques.
4. Explain about the concept of Inventory.
5. Describe about different types of Inventory.

Answers: Self Assessment

1. True 2. False
3. True 4. True

5. True 6. True
7. True 8. False
9. False 10. False
11. Safety 12. Item Fill Rate (IFR)

13. Derived 14. Safety stock or buffer
15. work-in-process 16. operating

11.10 Further Readings

Books Artman Les. Clancy, David, Distribution Follows Consumer Movement, Transportation
and Distribution. June 1990

Bowersox, Donald, et al., How Supply Chain Competency Leads to Business Success,
Supply Chain Management, September 2000
Sunil Chopra, Peter Meindl, D.V. Kalra, Supply Chain Management

Supply Chain, Distribution, and Fulfilment, International Journal of Retail and
Distribution Management, October 2000
Upendra Kachru, Exploring the Supply Chain, Excel Books, Delhi

Online links http://www.krannert.purdue.edu/faculty/lee/Papers/Physical%20Distibution
%20the%20Analysis%20of%20inventory%20and%20Location.pdf

http://www.slideshare.net/WelingkarDLP/physical-distribtnmgmto-verview

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