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Operations Management-Stevenson - Ch12_ppt

Operations Management-Stevenson - Ch12_ppt

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Published by Sid Black

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Categories:Types, Business/Law
Published by: Sid Black on Oct 31, 2010
Copyright:Attribution Non-commercial

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10/09/2012

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McGraw-Hill/Irwin
Copyright © 2007 by The McGraw-Hill Companies, Inc. All
12
12
Inventory
Management
12-2
Learning Objectives
Learning Objectives
Define the term inventory and list the major
reasons for holding inventories; and list the main
requirements for effective inventory management.
Discuss the nature and importance of service
inventories
Discuss periodic and perpetual review systems.
Discuss the objectives of inventory management.
Describe the A-B-C approach and explain how it
is useful.
12-3
Learning Objectives
Learning Objectives
Describe the basic EOQ model and its
assumptions and solve typical problems.
Describe the economic production quantity
model and solve typical problems.
Describe the quantity discount model and
solve typical problems.
Describe reorder point models and solve
typical problems.
Describe situations in which the single-
period model would be appropriate, and
solve typical problems.

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