TAILIEUCHUNG - Lecture Principle of inventory and material management - Lecture 26
Lecture 26 - Order Quantities (Revisited). The contents of this chapter include all of the following: Objectives of inventory management, lot size decision, inventory models, EOQ, robust model, reorder point, production order quantity model, quantity discount model, probabilistic models and safety stock, probabilistic demand, other probabilistic models, fixed period system, EOQ consequences, period order quantity model. | Lecture 26 Order Quantities (Revisited) Books Introduction to Materials Management, Sixth Edition, J. R. Tony Arnold, ., CFPIM, CIRM, Fleming College, Emeritus, Stephen N. Chapman, ., CFPIM, North Carolina State University, Lloyd M. Clive, ., CFPIM, Fleming College Operations Management for Competitive Advantage, 11th Edition, by Chase, Jacobs, and Aquilano, 2005, .: McGraw-Hill/Irwin. Operations Management, 11/E, Jay Heizer, Texas Lutheran University, Barry Render, Graduate School of Business, Rollins College, Prentice Hall Objectives Objectives of inventory management Lot size decision Inventory models EOQ Robust model Reorder point Production order quantity model Quantity discount model Probabilistic Models and Safety Stock Probabilistic Demand Other probabilistic models Fixed period system EOQ consequences Period order quantity model Objectives of Inventory Management Determine: How much should be ordered at one time? When should an order be placed? Lot-Size Decision
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