TAILIEUCHUNG - Lecture Operations management (11/e): Chapter 13 - William J. Stevenson

Chapter 13 entitled 'Inventory management' relates to the management and control of inventories, and scheduling, often key factors of operation management to achieve profit and/or cost objectives while satisfying customers. The basic issues are how to best manage resources to effectively match supply and demand. | Inventory Management McGraw-Hill/Irwin Copyright © 2012 by The McGraw-Hill Companies, Inc. All rights reserved. You should be able to: Define the term inventory, list the major reasons for holding inventories, and list the main requirements for effective inventory management Discuss the nature and importance of service inventories Explain periodic and perpetual review systems Explain the objectives of inventory management Describe the A-B-C approach and explain how it is useful Describe the basic EOQ model and its assumptions and solve typical problems Describe the economic production quantity model and solve typical problems Describe the quantity discount model and solve typical problems Describe reorder point models and solve typical problems Describe situations in which the single-period model would be appropriate, and solve typical problems 13- Student Slides Inventory A stock or store of goods Independent demand items Items that are ready to be sold or used Inventories are a

• Quản trị kinh doanh
• Inventory costs
• Operations management
• Lecture Operations management
• Process management
• Inventory management
• Deriving EOQ
• Competitive advantage
• Inventory control
• Inventory system
• Multi period inventory models
• Cost reduction
• Control best practices
• Accounts payable costs
• Collections costs
• Purchasing costs
• Export costs
• Financial manager
• Consultants’ costs
• Business tax costs
• costs
• targeted
• theater
• inventory
• chain
• supply
• sustaining
• forces
• overseas
• minimizing
• effectively
• Inventory model of decaying lot depleted
• Declining market demand and extended
• Discretely variable holding costs
• Discretely variable holding cost
• Analyzed under various conditions
• Accounting principles
• Fundamental accounting principles
• Lecture Fundamental accounting principles
• Inventory costing
• Inventory errors
• Manufacturing planning
• Control for supply chain management
• Supply chain management
• Inventory control methods
• Economic order quantity
• Supply chain processes
• Supply chain
• Inventory models
• Financial reporting
• Financial information
• Financial statement analysis
• Inventory types
• Determining inventory quantities
• Costs included in inventory
• Financial Accounting
• Principles of financial accounting
• Accounting information
• Goods damaged
• Determining inventory costs
• Practical business
• Math procedures
• Practical business math procedures
• Assigning costs
• Retail method
• Inventory turnover