'Quantity discounts' presentation slideshows

INVENTORY MODELING

INVENTORY MODELING. Items in inventory in a store Items waiting to be shipped Employees in a firm Computer information in computer files Etc. COMPONENTS OF AN INVENTORY POLICY. Q = the amount to order (the order quantity) R = when to reorder (the reorder point). BASIC CONCEPT.

978 views • 67 slides

CHAPTER 7: Inventory

CHAPTER 7: Inventory . McGraw-Hill/Irwin. Key concepts for discussion. Risk Assessment Inventory carrying cost Inventory management parameters Advanced planning and scheduling Minimizing inventory through commonality. Overview of inventory. Inventory functionality and definitions

1.89k views • 66 slides

Managing Inventory throughout the Supply Chain

Managing Inventory throughout the Supply Chain. Chapter Objectives. Be able to: Describe the various roles of inventory, including the different types of inventory and inventory drivers. Distinguish between independent demand and dependent demand inventory.

1.48k views • 52 slides

Determining How Costs Behave

Determining How Costs Behave. Session 10. Learning Objectives . Explain the two assumptions frequently used in cost-behavior estimation Describe linear cost functions and three common ways in which they behave Recognize various approaches to cost estimation

1.2k views • 48 slides

Chapter 11

Chapter 11. Pricing with Market Power. Capturing Consumer Surplus. All pricing strategies we will examine are means of capturing consumer surplus and transferring it to the producer Profit maximizing point of P* and Q* But some consumers will pay more than P* for a good.

596 views • 46 slides

Inventory Management for Independent Demand

Inventory Management for Independent Demand. Chapter 12. MGMT 326. Products & Processes. Quality Assurance. Planning & Control. Foundations of Operations. Facilities. Linear Program- ming. Product Design. Managing Quality. Managing Inventory. Introduction. Strategy. Process

739 views • 42 slides

447 views • 37 slides

Chapter 12

Chapter 12. Managing Merchandise Assortments. Merchandise Management. Retail Communication Mix. Buying Systems. Planning Merchandise Assortments. Buying Merchandise. Pricing. Merchandise Management.

1.55k views • 36 slides

Purchasing and Inventory Management

Purchasing and Inventory Management. Inventory management means minimizing the investment in inventory while balancing supply & demand. Proper management of inventory has a significant impact on both the financial & the operational aspects of any pharmacy.

672 views • 34 slides

Inventory Management

Inventory Management. 12. PowerPoint presentation to accompany Heizer and Render Operations Management, 10e Principles of Operations Management, 8e PowerPoint slides by Jeff Heyl. Outline. The Importance of Inventory Functions of Inventory Types of Inventory Managing Inventory

12.48k views • 34 slides

Week 4: The Bullwhip Effect

837 views • 33 slides

Managing Economies of Scale in a Supply Chain : Cycle Inventory

Summary. Managing Economies of Scale in a Supply Chain : Cycle Inventory Role of Cycle Inventory in a Supply Chain Estimating Cycle Inventory Related Costs in Practice Economies of Scale to Exploit Fixed Costs Lot Sizing for a Single Product Lot Size and Ordering Cost

476 views • 31 slides

Price Discrimination and Monopoly: Nonlinear Pricing

Price Discrimination and Monopoly: Nonlinear Pricing. Introduction. Annual subscriptions generally cost less in total than one-off purchases Buying in bulk usually offers a price discount these are price discrimination reflecting quantity discounts

771 views • 31 slides

Operations Management

579 views • 30 slides

1.49k views • 28 slides

Product Solutions Guide

344 views • 24 slides

Costs involved in Inventory Models

Costs involved in Inventory Models. Ordering (Setup) cost Unit purchasing (Production) cost Holding (Carrying) cost Shortage (Penalty) cost Revenue (Selling price). Basic EOQ Model. EOQ: Economic Order Quantity Assumptions of EOQ models:

667 views • 22 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

1.07k views • 21 slides

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

826 views • 21 slides

Advanced Concepts in Material Requirements Planning

345 views • 18 slides