UGC Approved Journal no 63975(19)

ISSN: 2349-5162 | ESTD Year : 2014
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Published in:

Volume 9 Issue 7
July-2022
eISSN: 2349-5162

UGC and ISSN approved 7.95 impact factor UGC Approved Journal no 63975

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Published Paper ID:
JETIR2207329


Registration ID:
405701

Page Number

d249-d258

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Title

Spare parts Inventory Management by using EOQ Model

Abstract

Abstract This paper is analyzing on the basic of Economic Order Quantity (EOQ) model and designed to enhance efficient management of modern industry and the company’s current forecasting model and recommending an inventory control model to help them solve their current issue. As a result, an Economic Order Quantity (EOQ) and a reorder Point has recommended along with techniques to help them reduce their product stock outs. This topic is in the form of a literature review on models of spare parts management and presenting the first methods of identification of spare parts, spare parts needs, spare parts management, and to develop a inventory management strategies by using EOQ .

Key Words

Keywords:-Inventory Models, Spare parts Management, Reorder point ,Inventory technique,EOQ.

Cite This Article

"Spare parts Inventory Management by using EOQ Model ", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.9, Issue 7, page no.d249-d258, July-2022, Available :http://www.jetir.org/papers/JETIR2207329.pdf

ISSN


2349-5162 | Impact Factor 7.95 Calculate by Google Scholar

An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 7.95 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator

Cite This Article

"Spare parts Inventory Management by using EOQ Model ", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.9, Issue 7, page no. ppd249-d258, July-2022, Available at : http://www.jetir.org/papers/JETIR2207329.pdf

Publication Details

Published Paper ID: JETIR2207329
Registration ID: 405701
Published In: Volume 9 | Issue 7 | Year July-2022
DOI (Digital Object Identifier):
Page No: d249-d258
Country: CUTTACK, ORISSA, India .
Area: Mathematics
ISSN Number: 2349-5162
Publisher: IJ Publication


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