This Video covers "Inventory Management, Costs Related to Inventory, Safety Stock, EOQ". The following topics are covered in this video.
1- What is Inventory Management,
2- Costs Related to Inventory, Purchase costs, Carrying costs, Holding costs, Ordering costs, Stockout costs, how to calculate the cost of carrying the increased inventory, carrying costs with safety stock, what is buffer stock,
3-Safety Stock, Cost of carrying safety stock, Expected stockout cost, Carrying cost
4- Determining the Order Quantity, assumptions of the EOQ model, change in any of the variables changes the EOQ solution,
5- Inventory management- practice questions,
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What is Inventory Management, Costs Related to Inventory, Purchase costs, Carrying costs, Holding costs, Ordering costs, Stockout costs, how to calculate the cost of carrying the increased inventory, carrying costs with safety stock, what is buffer stock, Safety Stock, Cost of carrying safety stock, Expected stockout cost, Carrying cost, Determining the Order Quantity, assumptions of the EOQ model, change in any of the variables changes the EOQ solution, Inventory management- practice questions, CMA lecture series, CMA part 2 videos, best lecture for CMA, CMA US, ACCA, CA, cost and management accounting, best lectures for CMA,