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Quantity unit - PowerPoint PPT Presentation

Chapter 2

Chapter 2

Chapter 2. Entity-Relationship Model. Chapter 12 & 13 in Textbook. Database Design. Steps in building a database for an application: 1. Understand the real-world domain being captured. 2. Specify it using a database conceptual model (E/R,OO).

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INVENTORY MODELING

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.

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Demand

Demand

Chapter 3: Demand and Supply. Demand. A Schedule Showing the. Amounts of a Good. Consumers are. Willing and Able to Purchase. At a Specified Set of Prices. During A Specified Period of Time. Price. D. Quantity/ unit of time. A Demand Schedule. Quantity Demanded. Price.

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256 views • 25 slides
Inventory Models

Inventory Models

Inventory Models. Quantity Discount Models. TYPES OF QUANTITY DISCOUNT MODELS. Quantity Discount Models are of two types All Units Discounts Above a certain order level, Q 1 , all units in the order are discounted (Usual Case) Incremental Discounts (Not Discussed Here)

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331 views • 17 slides
Inventory Models

Inventory Models

Inventory Models. Quantity Discount Models. TYPES OF QUANTITY DISCOUNT MODELS. Quantity Discount Models are of two types All Units Discounts Above a certain order level, Q 1 , all units in the order are discounted (Usual Case) Incremental Discounts (Not Discussed Here)

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290 views • 17 slides

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