Inventory Management | Concepts, Examples and Solved Problems

Inventory Management | Concepts, Examples and Solved Problems

HomeDr. Bharatendra RaiInventory Management | Concepts, Examples and Solved Problems
Inventory Management | Concepts, Examples and Solved Problems
ChannelPublish DateThumbnail & View CountDownload Video
Channel AvatarPublish Date not found Thumbnail
0 Views
Link to the issues solved in the video: https://goo.gl/QUK511
Covers the following topics,
00:00 Preview
00:37 Inventory
01:14 Types of inventories
02:15 Inventory functions
04:38 Objective of inventory control
06:23 Efficient inventory management
08:07 Inventory counting system
11:46 Key Inventory Terms
12:56 ABC classification system
15:02 Cyclic counting
16:46 Economic Order Quantity (EOQ) Models
17:17 Assumptions of the EOQ model
18:05 Inventory cycle
19:34 Calculating the total cost
20:52 Cost minimization objective
22:13 Derivation of EOQ
23:10 Economic output quantity (EPQ)
23:42 Economical race size
26:30 Quantity discounts
27:18 Total costs with PD
27:56 Total costs with quantity discounts
28:16 Problems and solutions found
32:27 When to reorder with EOQ order?
33:10 Safety stock
33:45 Replenishment point
34:39 Fixed Order Interval Model
36:19 Single period model
37:47 Problem solved
38:54 Discrete Storage Levels

Please feel free to connect and share this video with your friends and family if you find it useful.