Steady-State Demand: No Demand Variability-Steady-State Demand: No Demand Variability
Demand Behavior
Steady-State Demand
Gather Lead Time Information
Reorder Point
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Inventory Management with Demand Variability-Inventory Management with Demand Variability
Sources of Variability
Ways to Counter Variability
Reorder Point and Safety Stock
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Inventory as a Strategic Tool to Meet Customer Service Level-Inventory as a Strategic Tool to Meet Customer Service Level
Relationship Between Inventory and Customer Service Level
Safety Stock and Customer Service Level
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Newsvendor Model (One-Period Decision Model)-Newsvendor Model (One-Period Decision Model)
History of the Newsvendor Model
Underage / Overage Costs
Applications of the Newsvendor Model
Newsvendor Model
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