Slide 1INVENTORY MANAGEMENT Operations Management Dr. Ron Tibben-Lembke Slide 2 Purposes of Inventory Meet anticipated demand Demand variability Supply variability Decouple…

Slide 1Aggregate Planning Operations Management Dr. Ron Tibben-Lembke Slide 2 Learning Objectives Describe planning Distinguish the types of plans Define aggregate scheduling…

Slide 1 Malcolm Baldrige National Quality Award SCM 462 Dr. Ron Tibben-Lembke Slide 2 How We Got Here National conference on Productivity, 1982 National conference on Productivity,…

Slide 1 Facility Location Operations Management Dr. Ron Tibben-Lembke Slide 2 Location Decisions Long-term decisions Difficult to reverse Affect fixed & variable costs…

Slide 1 Candy Capability Dr. Ron Tibben-Lembke Slide 2 Lotta Candy Slide 3 Packaged Goods What are the Tolerance Levels? What we have to do to measure capability? What are…

Slide 1 Process Improvement Dr. Ron Tibben-Lembke Slide 2 Statistics Slide 3 Measures of Variability  Range: difference between largest and smallest values in a sample…

Slide 1 Transportation Problems Dr. Ron Tibben-Lembke Slide 2 Transportation Problems Linear programming is good at solving problems with zillions of options, and finding…

Slide 1 Order Quantities when Demand is Approximately Level Chapter 5 Inventory Management Dr. Ron Tibben-Lembke Slide 2 Inventory Costs Costs associated with inventory:…

Slide 1 Continuous Process Improvement: The Lessons of History SCM 494 Dr. Ron Tibben-Lembke Slide 2 Growth of Service Economy Slide 3 Continuous Process Improvement It used…

Slide 1 Strategic Sourcing Dr. Ron Tibben-Lembke Slide 2 Old View of the World One company does all processing, from raw material through delivery Slide 3 Vertical Integration…