Contents .Introduction .Types of Inventories .Motivation for Holding Inventories; .Characteristics of Inventory System; Relevant Costs; .The EOQ Model: EOQ Model with Finite Production Rate Quantity Discount Models .Resource-constrained multiple product system .EOQ models for production planning .Power-of-two policiesContents •Introduction •Types of Inventories •Motivation for Holding Inventories; •Characteristics of Inventory System; •Relevant Costs; •The EOQ Model; •EOQ Model with Finite Production Rate •Quantity Discount Models •Resource-constrained multiple product system •EOQ models for production planning •Power-of-two policies