Decision Support Systems for Inventory

Name: Decision Support Systems for Inventory
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Learn why decision support systems can significantly improve inventory management in this free online course.

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Learning Outcomes

In this free course, you will learn how to:

Explain why the Economic Order Quantity (EOQ) model is fundamental when designing an inventory DSS
Define ‘economic batch quantity’
Explain the simultaneous production and consumption model
Define ‘inventory’
Define ‘service level’
Outline the similarities and difference between continuous and periodic inventory systems

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