Economic Production Quantity

EOQ & Quantity Discounts

Total Running Time: 16:19

Economic Order Quantity, EOQ, Inventory Management, quantity discounts

EOQ & Quantity Discounts

Financials of the Newsvendor

Total Running Time: 10:15

Inventory Management, Newsvendor, Newsvendor Costs, Newsvendor Profit, Single-period Ordering, uncertainty

Financials of the Newsvendor

Forms of the Mismatch Cost

Total Running Time: 11:10

Backorder, Inventory Management, Mismatch Cost, Multi-period Order, Overage Cost, Single-period Order, uncertainty, Underage Cost

Forms of the Mismatch Cost

Inventory For Uncertainty

Total Running Time: 11:43

Inventory Management, Multi-period, Single-period, uncertainty

Inventory For Uncertainty

Little’s Law

Total Running Time: 13:39

Flow Rate, Flow Time, Flow Unit, inventory, Inventory Management, Inventory Turns, Little’s Law, Process Flow

Little’s Law

Measuring Product Availability

Total Running Time: 13:55

Fill Rate, Inventory Management, Product Availability, Service Level, uncertainty

Measuring Product Availability

Mismatch Cost – Examples

Total Running Time: 08:33

Backorder, Inventory Management, Mismatch Cost, Multi-period Order, Overage Cost, Single-period Order, uncertainty, Underage Cost

Mismatch Cost – Examples

Multi-period Inventory – Periodic Review – Example

Total Running Time: 10:07

Continuous Review, Fill Rate, Inventory Management, Multi-period, Q*, r) Model, Re-order Point, Safety Stock, Service Level, uncertainty

Multi-period Inventory – Periodic Review – Example

Newsvendor Profit Example

Total Running Time: 09:24

Inventory Management, Mismatch Costs, Newsvendor, Newsvendor Costs, Newsvendor Profit, Overage Costs, Single-period Ordering, uncertainty, Underage Costs

Newsvendor Profit Example

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

Total Running Time: 10:55

Continuous Demand, Expected Leftover Inventory, Expected Lost Sales, Expected Sales, Inventory Management, normal distribution, Service Level, Single-period Ordering, Standard Normal Loss Function, uncertainty

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

Safety Inventory – Impact

Total Running Time: 11:21

Average Inventory, Inventory Management, Reorder Point, Safety Inventory, Safety Stock, uncertainty

Safety Inventory – Impact

Safety Inventory – Introduction

Total Running Time: 04:46

Inventory Management, Safety Inventory, Safety Stock, uncertainty

Safety Inventory – Introduction

Single-period Inventory for Continuous Uncertain Demand

Total Running Time: 12:01

Continuous Demand, Inventory Management, normal distribution, Service Level, Single-period Ordering, uncertainty

Single-period Inventory for Continuous Uncertain Demand

Single-period Inventory for Discrete Uncertain Demand

Total Running Time: 14:28

Discrete Demand, Fill Rate, Inventory Management, Product Availability, Service Level, Single-period Ordering, uncertainty

Single-period Inventory for Discrete Uncertain Demand

The Critical Ratio

Total Running Time: 10:38

Critical Ratio, Inventory Management, Mismatch Costs, Overage Costs, profit, Target Service Level, uncertainty, Underage Costs

The Critical Ratio

The Newsvendor and the Mismatch Cost

Total Running Time: 13:56

Inventory Management, Mismatch Costs, Newsvendor, Newsvendor Costs, Newsvendor Profit, Overage Costs, Single-period Ordering, uncertainty, Underage Costs

The Newsvendor and the Mismatch Cost

The Role of Inventory

Total Running Time: 15:34

Functions of Inventory, inventory, Inventory Management, SKU, Stock

The Role of Inventory