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This week and the next week, we focus on inventory management. Please read my notes and the related topics in chapter 13 of the book.
This week and the next week, we focus on inventory management. Please read my notes and the related topics in chapter 13 of the book. This week focus on the following topics: Introduction to Inventory Management Simple Economic Order Quantity Model (Simple EOQ) Example - Simple EOQ Quantity Discount EOQ Example - Quantity Discount EOQ Safety Stock and Reorder Point Example - Safety Stock and Reorder Point You can skip the production EOQ and News-vendor Model and Period inventory system in this week
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