VII. Inventory control for known demand Flashcards
1
Q
Why do companies hold demand?
A
2
Q
Why to hold inventory?
A
3
Q
Which framework to use for inventory management?
A
4
Q
What are the metrics of inventory management?
A
5
Q
What are inventory holding costs?
A
6
Q
What are shortage costs?
A
7
Q
What are the inventory management decisions?
A
8
Q
What is the decoupling point?
A
9
Q
Where to put the decoupling point in general?
A
10
Q
Where to put the decoupling point for MTS goods?
A
11
Q
Where to put the decoupling point for ATO goods?
A
12
Q
Where to put the decoupling point for MTO goods?
A
13
Q
What is the key trade-off in choosing the decoupling point?
A
14
Q
What are key-insights into inventory management for known demand?
A
15
Q
What is the EOQ Model? Explain it in detail.
A
