Lecturer: Isabel Vieira

Polytechnic of Porto

In this two hours lesson we want to show the importance of an inventory control and decisions to be made. We will introduce some of the existing models. We will learn how much to order or produce or when to order or produce. We show how to use EXCEL to implement the models.
Bibliography:
1. Pearson Education, 2013 - Chapter 12 available from:
http://wps.prenhall.com/wps/media/objects/14040/14377654/brs3e_online-only_ch12.pdf
2. "Excel Models for Business and Operations Management”, John F. Barlow, John Wiley & Sons, Ltd, 2005 - Chapter 9