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  2. Reorder point - Wikipedia

    en.wikipedia.org/wiki/Reorder_point

    The reorder point (ROP), also reorder level (ROL) or "optimal re-order level", [1] is the level of inventory which triggers an action to replenish that particular inventory. It is a minimum amount of an item which a firm holds in stock, such that, when stock falls to this amount, the item must be reordered.

  3. Material requirements planning - Wikipedia

    en.wikipedia.org/wiki/Material_requirements_planning

    Material requirements planning (MRP) is a production planning, scheduling, and inventory control system used to manage manufacturing processes. Most MRP systems are software-based, but it is possible to conduct MRP by hand as well.

  4. Feature scaling - Wikipedia

    en.wikipedia.org/wiki/Feature_scaling

    Also known as min-max scaling or min-max normalization, rescaling is the simplest method and consists in rescaling the range of features to scale the range in [0, 1] or [−1, 1]. Selecting the target range depends on the nature of the data. The general formula for a min-max of [0, 1] is given as: [3]

  5. Min-max theorem - Wikipedia

    en.wikipedia.org/wiki/Min-max_theorem

    The min-max theorem also applies to (possibly unbounded) self-adjoint operators. [1] [2] Recall the essential spectrum is the spectrum without isolated eigenvalues of finite multiplicity. Sometimes we have some eigenvalues below the essential spectrum, and we would like to approximate the eigenvalues and eigenfunctions. Theorem (Min-Max).

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  7. InoERP - Wikipedia

    en.wikipedia.org/wiki/InoERP

    The primary objective of inoERP is to provide a dynamic pull system which can control the Raw Material, Work in Process and Finished Good Inventory [3] to provide a good inventory turn. Dynamic pull system [4] is an advanced version of pull system which encompasses the best feature of traditional pull system and MRP. The major disadvantage of ...

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