EGIE 595 Smart Inventory Management

Principles of inventory management; type of inventory; inventory system; inventory control such as inventory counting systems, inventory policy, qualitative and quantitative forecasting techniques, the calculation of the reorder point and basic economic order quantity (EOQ) model, production order quantity (POQ) model, and quantity discount (QD) model, inventory lot-sizing by using heuristic methods, dynamic programming; the application of artificial intelligence; machine learning and computer software