Inventory Control: Newsvendor

Related lectures (32)

Page 2 of 4

Covers the basics of supply management and different aggregate planning strategies.

Covers the (s,s)-inventory model, stationary Markov chains, time reversal property, and detailed balance condition.

Introduces production engineering and supply chain dynamics, covering inventory theory, production flows, and optimal inventory policies.

Explores the Markov Law of Large Numbers and long-run average costs in an inventory model.

Covers the basics of production management and the value chain.

Delves into the Bullwhip Effect in supply chains, analyzing its causes and implications.

Covers the fundamentals of Production Management, including objectives, framework, structure, assessments, and resources.

Explores strategies to address demand uncertainty using real-time data analysis and inventory control.

Explores Seven-Eleven Japan's operational excellence, focusing on data collection, distribution, inventory management, and value creation strategies.

Covers the theory and applications of Markov chains in modeling random phenomena and decision-making under uncertainty.