BUSINESS Q794 / Inventory Theory

3 unit(s)

Prerequisite(s): BUSINESS O701 and BUSINESS O711 or permission of the instructor.

In-depth reviews are conducted on a number of important inventory models. These include models with: known and constant demand; known and time varying demand; continuous review with stochastic demand; periodic review with stochastic demand; single period models; and dynamic inventory models with stochastic demand.