Newsvendor Model | SCMT 3623

SCMT 3623: Advanced Inventory Management examines two important aspects of logistics: inventory control and forecasting. In this course, coverage of the inventory specifically focuses on inventory control methods for stochastic demand and lead times. This class covers a variety of inventory control and forecasting techniques that students will learn how to implement in Excel.

Lesson 1: Introduction to Forecasting
Lesson 2: Introduction to Time Series Forecasting
Lesson 3: Forecast Accuracy and Time Series Regression
Lesson 4: Exponential Smoothing Methods
Lesson 5: Seasonal Indexes
Lesson 6: Introduction to Inventory Management
Lesson 7: Inventory Management for Dependent Demand & Independent Demand Items
Lesson 8: Introduction to Inventory Control for Stochastic Demand and Lead Times; Periodic and Continuous Review Systems
Lesson 9: Reorder Point Model (Optimal R,Q Model)
Lesson 10: Reorder Point Model (Managerial R,Q Model)
Lesson 11: Risk Pooling
Lesson 12: Newsvendor Model