Inventory Management

The Newsvendor and the Mismatch Cost

Forms of the Mismatch Cost

The Critical Ratio

Mismatch Cost – Examples

Newsvendor Profit Example

Financials of the Newsvendor

Multi-period Inventory – Periodic Review – Example

Single-period Inventory for Discrete Uncertain Demand

Single-period Inventory for Continuous Uncertain Demand

Safety Inventory – Impact

Measuring Product Availability

Inventory For Uncertainty

Economic Production Quantity

Relating Sales, Lost Sales, and Leftover Inventory in Single-period Continuous Demand

Safety Inventory – Introduction