Hospitals Hope to Save by Supply Management Definition of Inventory Purposes of Inventory Inventory Costs Independent versus Dependent Demand | Independent and dependent demand defined |
Inventory Systems | A single-period inventory model | Fixed–order quantity models (Q-models) defined | | Multiperiod inventory systems | Fixed–time period models (P-models) defined |
Fixed–Order Quantity Models | Establishing safety stock levels | Inventory position defined | | Fixed–order quantity model with safety stock | Safety stock defined |
Fixed–Time Period Models | Fixed–time period model with safety stock |
Inventory Control and Supply Chain Management Price-Break Models Miscellaneous Systems and Issues | Three simple inventory systems | Cycle counting defined | | ABC inventory planning | Stockkeeping unit (SKU) defined | | Inventory accuracy and cycle counting | | Inventory control in services |
Conclusion Case: Hewlett-Packard—Supplying the DeskJet Printer in Europe | 