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Documents ISEN 315 Spring 2011 Dr. Gary Gaukler. Newsvendor Model - Assumptions Assumptions: One short selling...

Slide 1ISEN 315 Spring 2011 Dr. Gary Gaukler Slide 2 Newsvendor Model - Assumptions Assumptions: One short selling season No re-supply within selling season Single procurement…

Documents 1 Overview. 2 Benefits of RATC Applications Real-time corrective Hour ahead corrective and...

Slide 11 Overview Slide 2 2 Benefits of RATC Applications Real-time corrective Hour ahead corrective and preventive Day ahead corrective Day ahead market/economic based RATC…

Documents Global Sourcing, or “What’s a ‘Supply Chain?’” Dr. Ron Lembke Operations Management.

Slide 1 Global Sourcing, or “What’s a ‘Supply Chain?’” Dr. Ron Lembke Operations Management Slide 2 Old View of the World One company does all processing, from…

Documents ISEN 315 Spring 2011 Dr. Gary Gaukler. Demand Uncertainty How do we come up with our random variable...

Slide 1 ISEN 315 Spring 2011 Dr. Gary Gaukler Slide 2 Demand Uncertainty How do we come up with our random variable of demand? Recall naïve method: Slide 3 Demand Uncertainty…