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May 1, 2010 · To aid in this process, we describe a competition engaging students in concepts, including demand estimation, demand uncertainty, and costs of ...
Encouraging interest in inventory management necessitates that instructors overcome concerns that the sub- ject is too abstract or conceptual.
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Aug 15, 2024 · This hands‐on, active‐learning exercise presents students with a simulated single‐product inventory environment that requires them to make ...
Dec 25, 2012 · This hands-on, active-learning exercise presents students with a simulated single-product inventory environment that requires them to make ...
... competitive ... This paper describes a competitive and energizing in-class simulation game that introduces students to basic inventory management concepts.
INFORMS Transactions on Education. An In-Class Competition Introducing Inventory Management Concepts. David J. Robb1 Edward A. Silver2 M. Eric Johnson3.
A company's inventory assets must be both tracked and managed. In these lessons, we'll explore these basic inventory-management concepts.
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May 25, 2021 · We present a classroom exercise developed to teach the tools of determining order quantities and reorder points for inventory management.
Inventory management is the process of tracking, controlling your company's inventory as it is purchased, manufactured, stored, consumed. It controls movement ...
Let's explore the fundamental concepts of inventory management and its benefits for SMBs and highlight six valuable inventory management techniques.