Inventory modeling - PowerPoint PPT Presentation

INVENTORY MODELING

INVENTORY MODELING. Basic Concepts. INVENTORY MODELING. What is inventory? Items in inventory in a store Manufactured items waiting to be shipped Employees in a firm Computer information in computer files Etc. COMPONENTS OF AN INVENTORY POLICY.

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Inventory Management

Inventory Management. Lecture 4 ESD.260 Fall 2003. Caplice. Background. Inventory is largest component of logistics â– $1.44 Trillion in 20 Used as the metric for a â€˜healthyâ€™ firm â– Inventory Turnover â– Inventory Days of Sale â– Inventory/Sales Ratio â– Inventory / COGS

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765 views • 11 slides

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