'Average demand' presentation slideshows

Inventory Management, Supply Contracts and Risk Pooling

Inventory Management, Supply Contracts and Risk Pooling. Phil Kaminsky kaminsky@ieor.berkeley.edu. David Simchi-Levi Philip Kaminsky Edith Simchi-Levi. Outline of the Presentation. Introduction to Inventory Management The Effect of Demand Uncertainty (s,S) Policy Periodic Review Policy

1.32k views • 96 slides

Protons for Breakfast Do we need Nuclear Power Week 6

1.06k views • 95 slides

Forecasting

2.6k views • 81 slides

Production and Operations Management Systems

Production and Operations Management Systems. Chapter 4: Capacity Management and Aggregate Production Planning Sushil K. Gupta Martin K. Starr 2014. After reading this chapter, you should be able to:. Define and measure capacity Make clear what aggregation does and why that is important.

860 views • 46 slides

Production and Operations Management Systems

Production and Operations Management Systems. Chapter 4: Capacity Management and Aggregate Production Planning Sushil K. Gupta Martin K. Starr 2014. After reading this chapter, you should be able to:. Define and measure capacity Make clear what aggregation does and why that is important.

528 views • 46 slides

Inventory Management: Safety Inventory (II)

Inventory Management: Safety Inventory (II). ????? Inventory Management: Safety Inventory (II). ?????. ? ???????????? ?? CC ???????????????????? 3.0 ? ???? ?. 1. If lead time decreases by a factor of k , safety inventory in the retailer decreases by a factor of.

822 views • 38 slides

Role of Inventory in the Supply Chain

Role of Inventory in the Supply Chain. Overstocking: Amount available exceeds demand Liquidation, Obsolescence, Holding Understocking: Demand exceeds amount available Lost margin and future sales Goal: Matching supply and demand. Understanding Inventory. The inventory policy is affected by:

871 views • 37 slides

Supply Chain Management

Supply Chain Management. Lecture 18. Outline. Today Chapter 10 3e: Sections 1, 2 (up to page 273), 6 4e: Sections 1, 2, 3 (up to page 260) Thursday Finish Chapter 10 Start with Chapter 11. Staples Visit. Date Friday April 2 Location Staples fulfillment Center Brighton, CO Subject

583 views • 30 slides

377 views • 30 slides

Lecture 2: Introduction to Cloud Computing

Lecture 2: Introduction to Cloud Computing. Xiaowei Yang (Duke University). Roadmap. What is Cloud Computing? Why now, not then? Classes of Cloud Computing Cloud Computing Economics: why does it make sense? Obstacles and (research) opportunities. What is cloud computing.

584 views • 25 slides

Understanding Variation and Setting Capacity

Understanding Variation and Setting Capacity. Why do we get backlog and queues?. Because demand exceeds activity Because we want to be efficient Because we do not take account of variation variation in demand variation in capacity the interaction between the two. Staff. Process. Patients.

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a) If average demand per day is 20 units and lead time is 10 days. Assuming zero safety stock. ss =0, compute ROP.

ROP Problems. a) If average demand per day is 20 units and lead time is 10 days. Assuming zero safety stock. ss =0, compute ROP. b) If average demand per day is 20 units and lead time is 10 days. Assuming 70 units of safety stock. ss =70 , compute ROP?

422 views • 21 slides

Inventory ISQA 459/559 Mellie Pullman

Inventory ISQA 459/559 Mellie Pullman. Inventory Costs. Holding (or carrying) costs Setup (or production change) costs Ordering costs. Shortage costs. Inventory costs. C = Unit cost or production cost: the additional cost for each unit purchased or produced.

374 views • 20 slides

Forecasting (part 2) Chapter 15

Forecasting (part 2) Chapter 15. Exponential Smoothing with Trend Adjustment (Holt). Forecast including trend (FIT t ) = exponentially smoothed forecast (F t ) + exponentially smoothed trend (T t ).

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Other Inventory Models

Other Inventory Models. Continuous Review or Q System. The EOQ model is based on several assumptions, one being that there is a constant demand. This may not be realistic. Next we consider some models that allow demand to occur more at random.

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Facilities and Aggregate Planning

Facilities and Aggregate Planning. Overview. As you know there are 24 hours a day, 7 days a week. What can you get done in a week period? Firms need to come to grips with what can be accomplished in any time frame.

217 views • 7 slides

? and ? of demand per period and fixed LT

? and ? of demand per period and fixed LT. R : demand rate per period (a random variable) R : Average demand rate per period ? R : Standard deviation of the demand rate per period. L: Lead time (a constant number of periods). LTD : demand during the lead time (a random variable)

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Chapter 4

Chapter 4. Supply Contracts. 4.1 Introduction. Significant level of outsourcing Many leading brand OEMs outsource complete manufacturing and design of their products More outsourcing has meant Search for lower cost manufacturers Development of design and manufacturing expertise by suppliers

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