Inventory Management

Learning Concept(s)

Raw Material Inventory, Work-In-Process (WIP) Inventory, MRO, Finished-goods Inventory, ABC Analysis, Cycle Counting, Shrinkage, Pilferage, Holding Cost, Ordering Cost, Setup Cost, Setup Time, Economic Order Quantity (EOQ) Model, Robust, Lead Time, Reorder Point (ROP), Safety Stock, Production Order Quantity Model, Quantity Discount, Probabilistic Model, Service Level, Single-period Inventory Model, Fixed-quantity (Q) System, Perpetual Inventory System, Fixed-period (P) System

Covered in Course(s)

DCSN200 - Operations Management