Inventory Control System On Three Products Of Three Supermarkets

65 pages Chapters 5 ID: STS0040

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DepartmentStatistic
TypeProject
Pages65
Chapters5
FormatMS Word & PDF
Reference No.STS0040

Abstract

This research work entails the process involved in inventory control of three supermarkets on three products they sell. The supermarkets include Noble supermarket, Pick ‘n’ smile supermarket and Maris supermarket as a case study. We take their inventory on Candid Red Wine, So Klin Detergent (900g sachet) and Peak Milk Powder. In this research work, data for the observation were collected and analyzed using statistical inventory control models. The inventory models used here were Single item static model (with shortages not allowed) and single item static model (with shortages Allowed). These m…

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