management information systems in construction

[ravisree05]

can any body help me with this.what is a two bin system in inventory control and also what is EOQ and ROL.what is the system development for this and also design specifications of thesystem.and lastly system analysis and design. i am doing my construction management thro correspondence.and also an architect in profession.i found very interesting topics in this forum,,hoping to find some solution for these.

[pmkb]

... the two-bin system works by having two containers of stock items. When one is empty, it's time to start using the second bin and order more stock to fill up the empty one.

Stock control and inventory

economic order quantity (EOQ) – how many units of a particular stock item to order at a time

re-order level (ROL) – the level to which stocks can be allowed to fall before placing an order for more

This page on stock control has more detailed info on determining optimal EOQ & ROL. HTH!

[ravisree05]

thankx alot.this would be really helpful to me..