TAILIEUCHUNG - Lecture Production operations management: Lecture 18 - Osman Bin Saif

In this chapter, the following content will be discussed: Compute three measures of forecast accuracy, develop seasonal indexes, conduct a regression and correlation analysis, use a tracking signal. | LSM733-PRODUCTION OPERATIONS MANAGEMENT By: OSMAN BIN SAIF LECTURE 18 1 Summary of last Session Global Company Profile: Functions of Inventory Types of Inventory Inventory Management ABC Analysis Record Accuracy Cycle Counting Control of Service Inventories 2 2 Summary of last Session (Contd.) Inventory Models Independent vs. Dependent Demand Holding, Ordering, and Setup Costs 3 3 Agenda for this Session Inventory Models for Independent Demand The Basic Economic Order Quantity (EOQ) Model Minimizing Costs Reorder Points Production Order Quantity Model Quantity Discount Models 4 4 Agenda for this Session (Contd.) Probabilistic Models and Safety Stock Other Probabilistic Models Fixed-Period (P) Systems 5 5 Inventory Models for Independent Demand Basic economic order quantity Production order quantity Quantity discount model Need to determine when and how much to order 6 6 The EOQ Model Q = Number of pieces per order Q* = Optimal number of pieces per order (EOQ) D = Annual .

• Quản trị kinh doanh
• Production operations management
• Operations Management
• Production Management
• Lecture Production operations management
• Business strategy
• Modern production
• Production activity control