Project Management: Lesson 6: Introduction to Stochastic Inventory Models and Supply Contracts

This is for Educational, Informational, and Review Purposes!
You will Learn:
1.) Outline of the Presentation
2.) Reduce Cost, Improve Service
3.) Understanding Inventory
4.) The Effect Demand Uncertainty
5.) Key Insights from this Model
6.) Supply Contracts- Key Insights
7.) Case Study- The Supply Chain
8.) Notation
9.) Risk Pooling-Important Observations