Link to problems solved in the video: goo.gl/QUK511
Covers following topics,
00:00 Overview
00:37 Inventory
01:14 Types of inventories
02:15 Functions of inventory
04:38 Objective of inventory control
06:23 Effective inventory management
08:07 Inventory counting system
11:46 Key inventory terms
12:56 ABC classification system
15:02 Cycle counting
16:46 Economic Order Quantity (EOQ) models
17:17 Assumptions of EOQ model
18:05 Inventory cycle
19:34 Total cost calculation
20:52 Cost minimization goal
22:13 Deriving the EOQ
23:10 Economic Production Quantity (EPQ)
23:42 Economic Run Size
26:30 Quantity discounts
27:18 Total costs with PD
27:56 Total costs with quantity discounts
28:16 Problems and worked out solution
32:27 When to reorder with EOQ ordering?
33:10 Safety stock
33:45 Reorder point
34:39 Fixed order interval model
36:19 Single period model
37:47 Worked out problem
38:54 Discrete stocking levels