Inventory Control: Basics and Models

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Related lectures (32)

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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.

Markov Chains Decomposition

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

Inventory Control: Newsvendor

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

Inventory Control: EOQ Model

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

Inventory Management Decisions

Covers inventory management decisions, optimal order quantities, and company order policies.

Inventory Management Models

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

Markov Chain: Long-Run Average Costs

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

Inventory Management: Techniques and Models

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

Supply Management: Planning Strategies

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

Accounting Fundamentals

Covers the basics of accounting, focusing on ledgers, debit and credit entries, rules, transactions, and inventory management.