Automated system for estimating impact on inventory cost due to

Details Automated system for estimating impact on inventory cost due to Automated system for estimating impact on inventory cost due to

1987-12-29

1989-12-12

Jablon, Clark A.

Boots, shoes, and leggings

364468, 364300, G06F 1521

Patent

active

048872067

ABSTRACT:
A conceptual tool for inventory cost analysis based on an engineering change request for an item. The invention is a conceptual tool that uses both existing and new product structure in which an engineering change is requested on the item. Based on the product in which the item in question is being used, the system would identify all affected products (active and inactive), evaluate the on-hand inventory costs of raw material and finished products by accessing an inventory database. The system automatically designs an inventory model to evaluate the work-in-process inventory for all products affected by the change through direct access to item and process parameter data from an engineering database. A consolidated inventory cost for raw material, work-in-process and finished goods is derived based on the engineering change request and advises the user of the cost impact.

REFERENCES:
patent: 4383298 (1983-05-01), Huff et al.
patent: 4459663 (1984-07-01), Dye
patent: 4531186 (1985-07-01), Knapman
LaForge, R. L. "A Decision Rule for Creating Planned Orders in MRP", vol. 26, No. 4, 1985, 115-26, Prod. & Inventory Management.
Hu, E. C. et al., "Designing an Effective Inventory Classification and Coding System", Prod. & Invent. Manage. J., vol. 28, No. 4, 1987, 53-56.
Andrew, C. G. "Engineering Changes to the Product Structure Opportunity for MRP Users", Prod. Invent. Manage., vol. 16, No. 3, 3rd quarter 1975, 76-86.

Affiliated with

Also associated with

Rating

Automated system for estimating impact on inventory cost due to does not yet have a rating. At this time, there are no reviews or comments for this patent.

If you have personal experience with Automated system for estimating impact on inventory cost due to , we encourage you to share that experience with our LandOfFree.com community. Your opinion is very important and Automated system for estimating impact on inventory cost due to will most certainly appreciate the feedback.

Rate now

Comments { 0 }

Profile ID: LFUS-PAI-O-2125939