Demand Uncertainty: Addressing Strategies

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Related lectures (32)

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Inventory Control: Newsvendor

Covers inventory control focusing on the Newsvendor model and its extensions in uncertain demand scenarios.

Inventory Management Models

Explores inventory management models, including EOQ and Safety Stock, addressing demand and supply uncertainties.

Inventory Control: EOQ Model

Explores inventory management basics, EOQ model sensitivity, inventory decisions components, and supply chain strategies.

Seven-Eleven Japan Discussion: Supply Chain Excellence

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

Forecast and Demand Analysis

Explores models for prediction, collaborative Sales and Operations Planning, supply chain management, and inventory optimization.

Inventory Management: Principles and Models

Explores inventory management principles, decision variables, costs, and models like EOQ and EPQ, including challenges in implementing optimal order quantities.

Inventory Management: Techniques and Models

Covers economic order quantity, safety stock, demand uncertainties, and inventory management models.

Bullwhip Effect: Analysis and Implications

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

Production Planning & Capacity Management

Covers production planning, capacity management, demand disruptions, and aggregate planning strategies in the context of global supply chains.

Markov Chains Decomposition

Covers Markov chains decomposition, LLN proof, Inventory Model application, and average costs.