Online inventory analysis models and system

The purpose of this paper is to report an approach to the development of an online inventory analysis and control system. Attention has been focused on the model aspects of the development process. Inventory Analysis and Control System 1 (IACS 1) is a series of inventory analysis models which is designed to provide management and functional personnel with the analytical tools for inventory decisions on purchasing, production and material control. IACS 1 contains self-explanatory procedures from the selection of a model and definition of the data input to execution of the program and the interpretation of the output result.