Supply Chain of Perishable Products: Inventory Management

Supply Chain of Perishable Products: Inventory Management, available at Free, has an average rating of 4.55, with 10 lectures, 3 quizzes, based on 278 reviews, and has 4944 subscribers.

You will learn about Newsvendor model Inventory management of perishable products Maximization of expected profits This course is ideal for individuals who are Supply chain management students or Supply chain managers seeking to upgrade their skills It is particularly useful for Supply chain management students or Supply chain managers seeking to upgrade their skills.

Enroll now: Supply Chain of Perishable Products: Inventory Management

Summary

Title: Supply Chain of Perishable Products: Inventory Management

Price: Free

Average Rating: 4.55

Number of Lectures: 10

Number of Quizzes: 3

Number of Published Lectures: 10

Number of Published Quizzes: 3

Number of Curriculum Items: 14

Number of Published Curriculum Objects: 14

Original Price: Free

Quality Status: approved

Status: Live

What You Will Learn

Newsvendor model
Inventory management of perishable products
Maximization of expected profits

Who Should Attend

Supply chain management students
Supply chain managers seeking to upgrade their skills

Target Audiences

Supply chain management students
Supply chain managers seeking to upgrade their skills

In this course, we will learn how to manage a supply chain of perishable products. After completing the course, you will be able to quickly find the optimal order quantity for any perishable product with any demand pattern. We will also consider the optimal level of overbooking for service businesses.

After taking this course, you will gain the following skills:

Improve the expected profits of your business with no extra investment
Simulate a complex problem and find the optimal solution in MS Excel
Master the Newsvendor Model

You can achieve all these by spending less than 60 minutes of your time!

Course Curriculum

Chapter 1: Introduction

Lecture 1: Instructor Introduction

Lecture 2: Course Overview

Chapter 2: Fundamentals of Newsvendor Model

Lecture 1: What is a Perishable Product?

Lecture 2: Elements of Newsvendor Model

Chapter 3: Finding the Optimal Order Quantity

Lecture 1: Identifying Demand Probability Distribution

Lecture 2: Uniform Distribution

Lecture 3: Normal Distribution

Lecture 4: General Distribution

Chapter 4: Extensions

Lecture 1: Newsvendor Model for Overbooking

Lecture 2: Simulation

Instructors

Timofey Shalpegin
Operations and Supply Chain Management Lecturer

Rating Distribution

1 stars: 4 votes
2 stars: 15 votes
3 stars: 37 votes
4 stars: 111 votes
5 stars: 111 votes

Frequently Asked Questions

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You can view and review the lecture materials indefinitely, like an on-demand channel.

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Definitely! If you have an internet connection, courses on Udemy are available on any device at any time. If you don’t have an internet connection, some instructors also let their students download course lectures. That’s up to the instructor though, so make sure you get on their good side!

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