PPT-Order Quantity Inventory Decisions in LittleField Technologies

Ardavan AsefVaziri Inventory Decisions in LittleField Technologies Inventory Decisions in LittleField Technologies In our EOQ Economic Order Quantity models R and D are used interchangeably . Chapter 13. Copyright © 2015 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of McGraw-Hill Education.. You should be able to:. LO 13.1 Define the term . Skorkovský, KPH ESF MU 2012. 2. Requisition Management. . . Overview. Requisition Management Setup . The Requisition Worksheet. Additional Worksheet Features. . . 3. Requisition summary. The requisition worksheet – the central processing tool – offers the following features:. Chapter 13. Learning Objectives. Define the term . inventory. List the different . types of inventory. Describe the main . functions of inventory. Discuss the main . requirements for effective inventory management. Stock of items held to meet future demand. Inventory management answers two questions. How much to order. When to order. Inventory Hides Problems. Poor. Quality. Unreliable. Supplier. Machine. Breakdown. Dr. Ron . Lembke. Purposes of Inventory. Meet anticipated demand. Demand variability. Supply variability. Decouple production & distribution. permits constant production quantities. Take advantage of quantity discounts. inventory. , list the major reasons for holding inventories, and list the main requirements for effective inventory management. Discuss the nature and importance of service inventories. Explain periodic and perpetual review systems. Operations Management. by. R. Dan Reid & Nada R. Sanders. 2nd Edition © Wiley 2005. PowerPoint Presentation by R.B. Clough - UNH. Types of Demand. There are two types of demand.. Independent Demand. Dr. Ron Tibben-Lembke. Purposes of Inventory. Meet anticipated demand. Demand variability. Supply variability. Decouple production & distribution. permits constant production quantities. Take advantage of quantity discounts. chapter 8. Opening Questions. When purchasing food for yourself, what factors do you consider other than price?. How do you decide where to shop?. Where does price rank among those other factors?. How do you decide how must food to buy?. chapter 8. Opening Questions. When purchasing food for yourself, what factors do you consider other than price?. How do you decide where to shop?. Where does price rank among those other factors?. How do you decide how must food to buy?. Dr. J. . Badshah. University Professor – cum - Chief Scientist. Dairy Engineering Department. Sanjay Gandhi Institute of Dairy Science & Technology, . Jagdeopath. , Patna. (Bihar Animal Sciences University, Patna). Goal of WC management of Inventory. Cost optimisation (optimum re-order level) and (optimum re-order quantity). In practice this means striking a balance between holding costs on the one hand and stockout and re-order costs on the other. Suryo Widiantoro, MMSI, M.Com(IS). Mahasiswa mampu melakukan perencanaan untuk memastikan kelancaran operasi rantai pasok . Capaian. . Pembelajaran. . Materi. . Perkuliahan. Manajemen persediaan dalam organisasi. LO20–1: . Explain how . inventory is used and understand what it costs.. LO20–2: Analyze how different inventory control systems work.. LO20–3: Analyze inventory using the Pareto principle.. McGraw-Hill/Irwin.