Production and Operation Management - Lec 22-Single Period Inventory Model-II (Numerical)

Master Production & Operations Management: From Forecasting to Lean Techniques with IIT Roorkee - Elevate Your Expertise in Manufacturing Systems, Quality Control, and Project Management!

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11 learners

What you'll learn

Understand the principles and applications of production and operations management.
Analyze different types of manufacturing and service systems and their characteristics.
Apply forecasting techniques and inventory models to optimize production planning.
Evaluate quality management practices and statistical tools for process improvement.

This course includes

35 hours of video
Certificate of completion
Access on mobile and TV

Summary

Keywords

Single Period Inventory Model-II (Numerical) Prof. Rajat Agrawal Department of Management Studies Indian Institute of Technology Roorkee

Full Transcript

This lecture covers the basic numerical on single period inventory model. It also explains with the help of a numerical, the concept of continuous stocking level and discrete stocking level.

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