One of the most popular types of inveatoiy management is the (Q, r) system, in which a quantity Q of an item is reordered whenever the inventory position reaches the reorder point r. A number of packaged computer programs are available for this system. However, these programs seldom give the...

Why is it important to use computers in physical distribution management (PDM)? The reason is simple. PDM covers almost all of the activities concerned with distributing a product. Some authorities claim that logically the functions of procurement‐and manufacturing should also be considered as...