Chapter 4 Inventory

Core Words 

attain	v. 获得，达到	lead  time	订货提前期
buffer	n. 缓冲器	marking	n. 标识
cycle  stock	周期库存	order  picking	拣选
carrying cost	库存持有成本	ordering cost	订货成本
dead stock	滞销库存	purchase	v. 购买
Economic Order  Quantity (EOQ)	经济订货批量	procurement	v. 采购
fill rate	订单满足率	purchasing cost	购买成本
holding cost	库存维护成本	speculative  stock	预备库存
in-transit  inventory	在途库存	safety  stock	安全库存

Useful Expressions

1. Inventory managers must determine how much inventory toorder and when to place the order. 库存经理必须决定需要订购多少库存，以及何时下达订单。

2. The best ordering policy can be determined by minimizingthe total of inventory carrying costs and ordering costs using the economicorder quantity (EOQ) model. 最佳的订购策略是通过应用经济订货批量模型来最小化库存持有成本和订购成本之和来确定。

3. Replenishmentpolicy under conditions of certainty requires the balancing of ordering costsagainst inventory carrying costs. 确定性条件下的补货策略要求订货成本与库存持有成本之间的平衡。