'Economic order quantity' presentation slideshows

Integrated Consolidation Facility Location and Inventory Routing for Supply Networks

Integrated Consolidation Facility Location and Inventory Routing for Supply Networks. Ronald G. Askin ron.askin@asu.edu with thanks to Mingjun Xia School of Computing, Informatics, and Decision Systems Engineering Arizona State University. Overview. Introduction

1k views • 89 slides

Managing Cycle Inventories

Managing Cycle Inventories. Matching Supply and Demand. Outline. Why to hold cycle inventories? Economies of scale to reduce fixed costs per unit. Joint fixed costs for multiple products Long term quantity discounts Short term quantity discounts: Promotions.

1.1k views • 61 slides

Management Information Systems, 10/e

Management Information Systems, 10/e. Raymond McLeod Jr. and George P. Schell . Chapter 11. Decision Support Systems. Learning Objectives. Understand the fundamentals of decision making and problem solving. Know how the decision support system (DSS) concept originated.

748 views • 48 slides

Chapter 8 Inventory Management

Chapter 8 Inventory Management. Learning Objectives. To learn about the ways that inventory can be classified To discuss inventory costs and the trade-offs that exist among them To identify when to order an how much to order, with a particular emphasis on the economic order quantity

981 views • 41 slides

Chapter 14

499 views • 38 slides

Chapter 15 Inventory Control

Chapter 15 Inventory Control. Inventory System Defined Inventory Costs Independent vs. Dependent Demand Basic Fixed-Order Quantity Models Basic Fixed-Time Period Model Miscellaneous Systems and Issues. Inventory System Defined.

1.33k views • 36 slides

Chapter 6 Inventory Control Models

Chapter 6 Inventory Control Models. Chapter Learning Objectives. Students will be able to: Understand the importance of inventory control. Use the economic order quantity (EOQ) to determine how much to order. Compute the reorder point (ROP) in determining when to order more inventory.

1.67k views • 33 slides

Chapter 20

Chapter 20. Managing inventory and quality. The importance of inventory management. Cope with uncertainties in customer demand and in production processes Qualify for quantity discounts Avoid future price increases in raw materials

448 views • 32 slides

How can it be that mathematics, being after all a product of human thought independent of experience, is so admirably ad

How can it be that mathematics, being after all a product of human thought independent of experience, is so admirably adapted to the objects of reality Albert Einstein. Importance of Inventory.

428 views • 28 slides

The Design Core

The Design Core. Market Assessment. Specification. MANUFACTURE Plant location Plant layout Production scheduling Critical path analysis Materials requirement planning Just in Time management. Concept Design. Detail Design. Manufacture. Sell. Plant Location. L L L L. M M M M.

634 views • 26 slides

ERP by Mary Sumner

ERP by Mary Sumner. Chapter 1 Table 1 -1 Historical Evolution of ERP Systems. Independent Demand (Demand for the final end-product or demand not related to other items) ? use forecasting). Dependent Demand (Derived demand items for component parts, subassemblies,

637 views • 24 slides

MATERIALS Management

MATERIALS Management. The efficiency of any organization depends on the availability of component parts and materials in the proper quantity, quality, price, range and time.

618 views • 23 slides

Inventory Control: Part 2 - Lot-Size Inventories

Inventory Control: Part 2 - Lot-Size Inventories. Types of Inventories. By Function - Lot-Size (Cycle or Replenishment) - Instantaneous (Purchase) - Non-Instantaneous (Produce) - Safety (Fluctuation or Buffer) - Anticipation (Seasonal) - Transportation (Pipeline)

626 views • 23 slides

Slides by Matthew Will

Principles of Corporate Finance Brealey and Myers Sixth Edition. Cash Management. Slides by Matthew Will. Chapter 31. Irwin/McGraw Hill. The McGraw-Hill Companies, Inc., 2000. Topics Covered. Inventories and Cash Balances Cash Collection and Disbursement Systems Float

377 views • 23 slides

479 views • 18 slides

VSB 3008 Fall 2013 Tomas Abreu Adam Nash Ryan Curnal Vincent Lione -Napoli

Burrushi. VSB 3008 Fall 2013 Tomas Abreu Adam Nash Ryan Curnal Vincent Lione -Napoli. Business Overview. Mission Statement

258 views • 17 slides

Logistics and channel management

Logistics and channel management. Week 12 Instructor: Jungwan Lee. What is logistics?. ..physical distribution ..supply chain management

720 views • 14 slides

Chapter 8 Inventory Management

Chapter 8 Inventory Management. Accounting and Finance for Entrepreneurs FINANCE 292. Inventory Management. Inventory investment is the single most costly item of current asset investment in terms of acquisition, storage, and accountability. Half of all Current Assets on average

248 views • 10 slides

Inventory Management

377 views • 9 slides

Chapter 14 Inventory Models: Deterministic Demand

Chapter 14 Inventory Models: Deterministic Demand. Economic Order Quantity (EOQ) Model Economic Production Lot Size Model Inventory Model with Planned Shortages Quantity Discounts for the EOQ Model. Inventory Models. The study of inventory models is concerned with two basic questions:

650 views • 0 slides