Inventory levels are critical in both manufacturing and retail environments. Both under and over stocking will cost you money and Profit. Service industries also have inventory items to be aware of.
The articles here go through solutions for over stocking and under stocking. In addition, practical Inventory Management Systems are discussed with links to further resources.
Have some fun with Dice Games to Simulate your Profit. This game models the movement of product through your Production Line using dice. Learn about a balanced line model and a constrained production system. The constrained model then goes on to explain the Drum Beat.