Project Management- Lecture 2: Logistics and Distribution Systems

This is for Educational, Informational, and Review Purposes!
You will Learn:
1.) Inventory and EOQ Models
2.) Inventory
3.) Why hold inventories?
4.) Dimensions of inventory models
5.) Ordering costs in inventory models
6.) Inventory costs in inventory models
7.) Objective of the EOQ model
8.) EOQ Model: Costs per unit time
9.) Sensitivity Analysis
10.) EPQ Model
11.) EPQ: Analysis
12.) Why shortages?
13.) Why shortages?
14.) Quantity Discounts
15.) All-units discount: Summary