TAILIEUCHUNG - Management operations business: Part 2

(BQ) Cotinued part 1, part 2 of document Management operations business has contents: Inventory management with steady demand, inventory management with perishable demand, inventory management with perishable demand, service systems with patient customers,. and other contents. Invite you to refer. | 12 Inventory Management with Steady Demand LEARNING OBJECTIVES LO12-1 Evaluate optimal order quantities and performance measures with the EOQ model LO12-2 Recognize the presence of economies of scale in inventory management and understand the impact of product variety on inventory costs LO12-3 Evaluate optimal order quantities when there are quantity constraints or quantity discounts are offered CHAPTER OUTLINE Introduction The Economic Order Quantity The Economic Order Quantity Model EOQ Cost Function Optimal Order Quantity EOQ Cost and Cost per Unit Economies of Scale and Product Variety Quantity Constraints and Discounts Quantity Constraints Quantity Discounts Conclusion Ingram Publishing SuperStock RF Introduction Imagine i you are standing in the aisle of a grocery store ii you are staring at the packages of ramen noodles and iii you actually like to eat ramen noodles they are tasty convenient and relatively cheap What s not to like . You probably would grab a few packages maybe even more than a handful without much thought. But let s think about what the optimal quantity to buy could be. You eat these noodles at a consistent pace. So you know that you will go through the packages pretty quickly. It is a hassle to go to the grocery store and to worry about remembering to buy noodles so maybe you should stock up. That way you don t have to deal with buying them for quite some time. On the other hand you are a bit tight on cash at the moment and you dread explaining to your roommate why you are filling up one entire cabinet in your kitchen with just noodles. Hence if you buy only a few packages you are likely to find yourself buying noodles frequently while if you buy a cartful you will find yourself storing them in odd places in your apartment. Given all of this what is the optimal number of packages to buy And to make your decision even 362 Chapter Twelve .

• Quản trị kinh doanh
• Operations management
• Steady demand
• Inventory management
• Perishable demand
• Patient customers
• Inventory management
• Lecture Operations management
• Process management
• Supply chain
• Scope of operations management
• Decision making
• Ebook Operations management
• Operations performance
• Operations strategy
• Process design
• Fundamentals of operations management
• Quản lý vận hành
• Operations management strategy
• Transformation process
• Lean operations
• Lean system characteristics
• Lean systems
• Production operations management
• Production Management
• Lecture Production operations management
• Business strategy
• Objectives of inventory management
• Competitive advantage
• Operations consulting
• Business process reengineering
• Stages of operations consulting
• Operations consulting tool kit
• Aggregate sales
• Operations planning
• Operations planning activities
• Aggregate operations plan
• Management of quality
• Supply chain management
• Project management
• Project characteristics
• Supply chain management
• Inventory management
• Disadvantages of inventory
• Modern production