'Total annual cost' presentation slideshows

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493 views • 38 slides

Module C6

Module C6. Other EOQ Type Models. OTHER EOQ-TYPE MODELS. Quantity Discount Models All Units Discounts Incremental Discounts (Not Discussed Here) Production Lot Size Models Planned Shortage Model ALL SEEK TO MINIMIZE THE TOTAL ANNUAL COST EQUATION. QUANTITY DISCOUNTS.

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Inventory Models

Inventory Models. Dr. Titus Bitek Watmon. The Chapter Outline. Deterministic models The Economic Order Quantity (EOQ) model Sensitivity analysis A price-break Model Probabilistic Inventory models Single-period inventory models A fixed order quantity model A fixed time period model.

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INVENTORY MODELING

INVENTORY MODELING. Basic Concepts. INVENTORY MODELING. What is inventory? Items in inventory in a store Manufactured items waiting to be shipped Employees in a firm Computer information in computer files Etc. COMPONENTS OF AN INVENTORY POLICY.

520 views • 31 slides

INVENTORY MODELING

INVENTORY MODELING. Basic Concepts. INVENTORY MODELING. What is inventory? Items in inventory in a store Manufactured items waiting to be shipped Employees in a firm Computer information in computer files Etc. COMPONENTS OF AN INVENTORY POLICY.

441 views • 31 slides

Chapter 13 Inventory Systems for Independent Demand

Chapter 13 Inventory Systems for Independent Demand. This section explores: The definition and purpose of inventory Inventory costs Independent vs. dependent demand Types of inventory systems. What is Inventory?.

597 views • 28 slides

Chapter 15. Inventory Management

Chapter 15. Inventory Management. Inventory is the stock of any item or resource used in an organization and can include: raw materials, finished products, component parts, supplies, and work-in-process

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Chapter 17. Inventory Control

Chapter 17. Inventory Control. Inventory is the stock of any item or resource used in an organization and can include: raw materials, finished products, component parts, supplies, and work-in-process

322 views • 21 slides

EMGT 501 Fall 2005 Midterm Exam Due Day: Oct 17 (Noon)

EMGT 501 Fall 2005 Midterm Exam Due Day: Oct 17 (Noon). Note : (a) Do not send me after copying your computer results of QSB. Answer what are your decision variables, formulation and solution, only. See my HW answer on my HP.

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EMGT 501 Fall 2005 Midterm Exam Due Day: Oct 17 (Noon)

EMGT 501 Fall 2005 Midterm Exam Due Day: Oct 17 (Noon). Note : (a) Do not send me after copying your computer results of QSB. Answer what are your decision variables, formulation and solution, only. See my HW answer on my HP.

321 views • 20 slides

Module:

Operations Management as a Competitive Weapon. Module:. Independent Inventory. OM Course Framework. 3. Dependability - Project Management - JIT. 1. Cost - Design & Selection. 4. Flexibility - Inventory - Supply Chain - Location - Forecasting - Aggregate Planning. 2. Quality

291 views • 17 slides

Inventory Models

Inventory Models. Production Lot Size Models. PRODUCTION LOT SIZE MODELS. In a production lot size model, we are a manufacturer, trying to determine how much to produce (the production lot size) during each production run. Like the EOQ model with Q = the production lot size except:

262 views • 13 slides

Inventory Models

Inventory Models. Production Lot Size Models. PRODUCTION LOT SIZE MODELS. In a production lot size model, we are a manufacturer, trying to determine how much to produce (the production lot size) during each production run. Like the EOQ model with Q = the production lot size except:

202 views • 12 slides

The Glass Lewis Approach

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