Deterministic Inventory Control Definition

You are seeing definition of Deterministic Inventory Control in Inventory Control Terms Dictionary

Maybe this is not completely definition of Deterministic Inventory Control but this is the best definition of Deterministic Inventory Control at this time that we found. In future, this definition of Deterministic Inventory Control can be modified, please visit our Inventory Control Terms Dictionary more frequently to get latest information.

Home » Inventory Control Terms Dictionary » Deterministic Inventory Control

Definition Of Deterministic Inventory Control:

Method based on the assumption that all parameters and variable associated with an inventory are known or can be computed with certainty, and that the replenishment lead time is constant and independent of the demand.
See also probabilistic [stochastic] inventory control.

Other Definition Of Inventory Control Terms:

For your more easier in looking up our business terms dictionary, we classified definitions of business terms in several types. Please select one type below:
Inventory Accounting | Business Accounting | Stock Accounting | Accrual Accounting | Capital Accounting | Asset Accounting | All Types

Thank you for visiting Inventory Control Dictionary website. We are conituning to upadate more Inventory Control terms to Inventory Control Dictionary. Please visit this website usually to get new Inventory Control definitions. We also provide some more dictionaries, you can find out as below:
Medical Dictionary | Law Dictionary | Legal Dictionary | Business Dictionary | Financial Dictionary | Computer Dictionary | Slang Dictionary