Sign in to confirm you’re not a bot
This helps protect our community. Learn more

Inventory Management | Concepts, Examples and Solved Problems

Dr. Bharatendra Rai
47K subscribers
<__slot-el>
<__slot-el>
231K views 11 years ago
Link to problems solved in the video: https://goo.gl/QUK511 Covers following topics, 00:00 Overview 00:37 Inventory 01:14 Types of inventories 02:15 Functions of inventory 04:38 Objective of inventory control 06:23 Effective inventory management 08:07 Inventory counting system 11:46 Key inventory terms 12:56 ABC classification system 15:02 Cycle counting 16:46 Economic Order Quantity (EOQ) models 17:17 Assumptions of EOQ model 18:05 Inventory cycle 19:34 Total cost calculation 20:52 Cost minimization goal 22:13 Deriving the EOQ 23:10 Economic Production Quantity (EPQ) 23:42 Economic Run Size 26:30 Quantity discounts 27:18 Total costs with PD 27:56 Total costs with quantity discounts 28:16 Problems and worked out solution 32:27 When to reorder with EOQ ordering? 33:10 Safety stock 33:45 Reorder point 34:39 Fixed order interval model 36:19 Single period model 37:47 Worked out problem 38:54 Discrete stocking levels ...more
...more

Overview

0:00

Inventory

0:37

Types of inventories

1:14

Functions of inventory

2:15

Objective of inventory control

4:38

Effective inventory management

6:23

Inventory counting system

8:07

Key inventory terms

11:46

ABC classification system

12:56

Cycle counting

15:02

Economic Order Quantity (EOQ) models

16:46

Assumptions of EOQ model

17:17

Inventory cycle

18:05

Total cost calculation

19:34

Cost minimization goal

20:52

Deriving the EOQ

22:13

Economic Production Quantity (EPQ)

23:10

Economic Run Size

23:42

Quantity discounts

26:30

Total costs with PD

27:18

Total costs with quantity discounts

27:56

Problems and worked out solution

28:16

When to reorder with EOQ ordering?

32:27

Safety stock

33:10

Reorder point

33:45

Fixed order interval model

34:39

Single period model

36:19

Worked out problem

37:47

Discrete stocking levels

38:54
Inventory Management | Concepts, Examples and Solved Problems
1.7KLikes
231,924Views
2013May 20
Link to problems solved in the video: https://goo.gl/QUK511 Covers following topics, 00:00 Overview 00:37 Inventory 01:14 Types of inventories 02:15 Functions of inventory 04:38 Objective of inventory control 06:23 Effective inventory management 08:07 Inventory counting system 11:46 Key inventory terms 12:56 ABC classification system 15:02 Cycle counting 16:46 Economic Order Quantity (EOQ) models 17:17 Assumptions of EOQ model 18:05 Inventory cycle 19:34 Total cost calculation 20:52 Cost minimization goal 22:13 Deriving the EOQ 23:10 Economic Production Quantity (EPQ) 23:42 Economic Run Size 26:30 Quantity discounts 27:18 Total costs with PD 27:56 Total costs with quantity discounts 28:16 Problems and worked out solution 32:27 When to reorder with EOQ ordering? 33:10 Safety stock 33:45 Reorder point 34:39 Fixed order interval model 36:19 Single period model 37:47 Worked out problem 38:54 Discrete stocking levels

Follow along using the transcript.

Dr. Bharatendra Rai

47K subscribers