Production and Operations Management

  1. Inventory Management
    1. Inventory Fundamentals
      1. Purpose and Functions of Inventory
        1. Buffer Against Uncertainty
          1. Decoupling Operations
            1. Economies of Scale
              1. Seasonal Demand
                1. Speculation
                2. Types of Inventory
                  1. Raw Materials
                    1. Work-in-Process
                      1. Finished Goods
                        1. Maintenance, Repair, and Operating Supplies
                          1. Safety Stock
                          2. Inventory Costs
                            1. Holding Costs
                              1. Ordering Costs
                                1. Shortage Costs
                                  1. Purchase Costs
                                2. Inventory Classification and Control
                                  1. ABC Analysis
                                    1. Classification Criteria
                                      1. Inventory Policies by Class
                                        1. Implementation Guidelines
                                        2. VED Analysis
                                          1. FSN Analysis
                                            1. Cycle Counting
                                              1. Procedures and Benefits
                                                1. Accuracy Measurement
                                              2. Independent Demand Inventory Models
                                                1. Economic Order Quantity Model
                                                  1. Basic EOQ Model
                                                    1. EOQ Assumptions
                                                      1. EOQ Calculations
                                                        1. Sensitivity Analysis
                                                        2. EOQ with Quantity Discounts
                                                          1. All-Units Discount
                                                            1. Incremental Discount
                                                              1. Decision Process
                                                              2. Production Order Quantity Model
                                                                1. Model Assumptions
                                                                  1. Optimal Production Quantity
                                                                  2. Planned Shortage Model
                                                                    1. Backorder Costs
                                                                      1. Optimal Policy
                                                                      2. Single-Period Model
                                                                        1. Newsvendor Problem
                                                                          1. Service Level Approach
                                                                        2. Probabilistic Inventory Models
                                                                          1. Demand Uncertainty
                                                                            1. Safety Stock Determination
                                                                              1. Service Level Concepts
                                                                                1. Reorder Point Systems
                                                                                  1. Periodic Review Systems
                                                                                  2. Dependent Demand Inventory
                                                                                    1. Material Requirements Planning Logic
                                                                                      1. Bill of Materials
                                                                                        1. Inventory Records
                                                                                          1. MRP Calculations
                                                                                          2. Inventory Management Systems
                                                                                            1. Perpetual Inventory Systems
                                                                                              1. Periodic Inventory Systems
                                                                                                1. Two-Bin Systems
                                                                                                  1. Vendor-Managed Inventory
                                                                                                    1. Just-in-Time Inventory
                                                                                                    2. Modern Inventory Approaches
                                                                                                      1. Lean Inventory Management
                                                                                                        1. Agile Inventory Systems
                                                                                                          1. Postponement Strategies
                                                                                                            1. Cross-Docking
                                                                                                              1. Drop Shipping

                                                                                                            Previous

                                                                                                            8. Supply Chain Management

                                                                                                            Go to top

                                                                                                            Next

                                                                                                            10. Aggregate Planning and Master Scheduling