TOPIC 6: INVENTORY MODEL AND CONTROL

ASSALAMU ALAIKUM,

Dear participant, in this topic you have to cover the following content:

6.1  Importance of inventory control

6.2  Inventory decision

6.3  Economic order Quantity: Determining how much to Order

6.4  Re order point determining when to order

6.5  Quantity discount Model

6.6  Use of safety stock

  link for the notes

  GROUP EXERCISE