Inventory controll dicision
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Inventory is used to satisfy current and future needs and accounts for 50% of capital in some organizations. Maintaining the right inventory levels is important to avoid excessive costs from too much inventory and stockouts from too little inventory. There are several reasons to hold inventory, including decoupling supply and demand, storing resources, handling irregular supply and demand, taking advantage of quantity discounts, and avoiding stockouts. Determining how much and when to order are important inventory control decisions, which can be addressed using economic order quantity models and reorder points. Quantity discounts provide reduced unit prices for large orders.
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Multi-echelon inventory optimization (MEIO) models inventory levels across multiple stages of the supply chain. Traditional models plan inventory independently at each stage and can lead to excess inventory build up. MEIO considers the impacts that inventory levels at each stage have on upstream and downstream stages to minimize total inventory while meeting customer service goals. Failing to use MEIO can result in redundant safety stock, customer service failures even when inventory exists elsewhere in the supply chain, and unreliable demand projections provided to suppliers. MEIO determines optimal inventory levels for each stock keeping unit based on factors like demand, lead time variability, replenishment frequency, and desired service level.
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Methods and techniques of inventory control | business management
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This document provides information about a group project being conducted by four students - Quratulain Tariq, Saba Tarar, Umer Awan, and Faiza Tarar. It then discusses the history, vision, mission, and achievements of Pak Fan Industry, a fan manufacturing company located in Pakistan. The document outlines Pak Fan's product lines, which include ceiling fans, pedestal fans, washing machines, and room coolers. It also describes Pak Fan's industry analysis, including profit potential, growth, competitors, SWOT analysis, and product design techniques.
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This document contains references to several sources that discuss the accounting scandal at WorldCom between 2001-2003, including:
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Financial Ratios
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Observability Concepts EVERY Developer Should Know -- DeveloperWeek Europe.pdf
Monitoring and observability aren’t traditionally found in software curriculums and many of us cobble this knowledge together from whatever vendor or ecosystem we were first introduced to and whatever is a part of your current company’s observability stack.
While the dev and ops silo continues to crumble….many organizations still relegate monitoring & observability as the purview of ops, infra and SRE teams. This is a mistake - achieving a highly observable system requires collaboration up and down the stack.
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GDG Cloud Southlake #33: Boule & Rebala: Effective AppSec in SDLC using Deplo...
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The modern software delivery process (or the CI/CD process) includes many tools, distributed teams, open-source code, and cloud platforms. Constant focus on speed to release software to market, along with the traditional slow and manual security checks has caused gaps in continuous security as an important piece in the software supply chain. Today organizations feel more susceptible to external and internal cyber threats due to the vast attack surface in their applications supply chain and the lack of end-to-end governance and risk management.
The software team must secure its software delivery process to avoid vulnerability and security breaches. This needs to be achieved with existing tool chains and without extensive rework of the delivery processes. This talk will present strategies and techniques for providing visibility into the true risk of the existing vulnerabilities, preventing the introduction of security issues in the software, resolving vulnerabilities in production environments quickly, and capturing the deployment bill of materials (DBOM).
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Robert Boule is a technology enthusiast with PASSION for technology and making things work along with a knack for helping others understand how things work. He comes with around 20 years of solution engineering experience in application security, software continuous delivery, and SaaS platforms. He is known for his dynamic presentations in CI/CD and application security integrated in software delivery lifecycle.
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Presented by Vladimir Iglovikov:
- https://www.linkedin.com/in/iglovikov/
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- These are slides of the talk given at IEEE International Conference on Software Testing Verification and Validation Workshop, ICSTW 2022.
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Inventory controll dicision
- 2. Inventory Decision Control & Quantity Discount Model M.Umer Reg No.0116
- 3. Inventory: “Any stored resource used to satisfy a current or future need”. • 50% of capital as a inventory in some organization. • Excessive inventory level is costly. • Insufficient inventory level lead to stock outs.
- 4. Main uses of Inventory: Decoupling function Storing resources Irregular supply & demand Quantity Discounts Avoiding stock outs and shortages
- 5. Inventory Control Decision: How much to order ? When to order? How much to order ? EOQ helps us in this step and also oldest well known inventory control system & easy to use. And we are searching the point where: OC = CC EOQ = 2* AR* OC C.C
- 6. Inventory Control Decision: When to order ? It is a important step and Reorder level of inventory helps to manager take decision. And to avoiding Danger level of inventory and Danger level inventory is 25% inventory in stock. ROP = Annual Demand Lead time
- 7. Quantity Discount Models: A quantity discount is a reduced unit price based on purchasing a large quantity. Example: