Inventory Control Introduction

Safety Stock Supply Chain Background

Inventory Dynamics

Simple Safety Stock Calculations - Simple Inventory Control

Calculating Safety Stock using Statistics

Getting Your Data - Finding your Mean and Standard Deviation

Assumptions and Limitations of the Statistical Method

Fixed Lead Time, Variable Demand: Method 3 continued

Variable Lead Time and Demand: Method 3 continued

Choosing your Service Level - Your Tolerance for Risk

Probability of a Stockout Over Time - Calculating Risk

Optimizing Safety Stock Levels - Inventory Management

Conclusion

Bonus and Appendix

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