Operations
Operations
Management
Management
Inventory Management
Inventory Management
Chapter 12
Transparency Masters to accompany Heizer/Render – Principles of Operations Management, 5e, and Operations Management, 7e
© 2004 by Prentice Hall, Inc., Upper Saddle
River, N.J. 07458
12-2
Outline
Outline
GLOBAL COMPANY PROFILE:
AMAZON.COM
FUNCTIONS OF INVENTORY
Types of Inventory
INVENTORY MANAGEMENT
ABC Analysis
Record Accuracy
Cycle Counting
Outline - Continued
Outline - Continued
INVENTORY MODELS
Independent versus Dependent
Demand
Holding, Ordering, and Setup Costs
INVENTORY MODELS FOR
INDEPENDENT DEMAND
Basic Economic Order Quantity (EOQ)
Model
Transparency Masters to accompany Heizer/Render – Principles of Operations Management, 5e, and Operations Management, 7e