Chapter Outline

Carefully crafted outlines follow the structure of each chapter, providing an essential reference and teaching tool.

See pages: 626-674

Operations Profile: Walgreens Fights to Stay Profitable Through Inventory Management

            Introduction

            How Much to Order: Continuous Review Systems

                        Basic Economic Order Quantity (EOQ) Model

                        Economic Production Quantity (EPQ) Model

                        EOQ Model with Quantity Discounts

            When to Order: Reorder Point for Continuous Review Systems (EOQ Model)

                        Reorder Point Model for Constant Demand and Constant Lead Time

Operations Management: Lessons Learned: Inventory Mismanagement Helps Sink Target Canada

                        Reorder Point Model for Variable Demand and Constant Lead Time

                        Reorder Point Model for Constant Demand and Variable Lead Time

                        Reorder Point Model for Variable Demand and Variable Lead Time

            How Much to Order: Periodic Review Systems

            How Much to Order: Single-Period Inventory Systems

                        Chapter Summary

                        Key Terms

                        Discussion and Review Questions

                        Solved Problems

                        Problems

                        Case Study 16.1: When Your Customers Steer You Wrong: Wal-Mart’s Project Impact Disaster

                        Video case

                        Critical Thinking Exercises