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Stastical Inventory Model II
 

Stastical Inventory Model II

  • Introduction
    This module reviews Optimization techniques for inventory control based on the Base Stock and the (Q,r) model.
  • Instructional Objectives
    • Apply optimization technique to inventory model
    • Calculate the appropriate order quantity in the face of uncertain demand.
    • Derive the (Q, r) model from the integration of the EOQ model and the EPL model.
    • Analyze the implication of the (Q, r) model
  • Student Materials
    Statistical Inventory model I (PPT)

  • Graph of Inventory vs. Time
  • Instructor guide
    Guide 1 Word
  • Reading Assessment
  • Assignment
  • Case Study


 
 

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