Operations Management: Processes and Supply Chains, 12th Edition

Learning Goals in Review

Learning Goal	Guidelines	MyLab Operations Management Resources
Calculate the optimal lot size when replenishment is not instantaneous.	See the section “Noninstantaneous Replenishment,” pp. 371–373. Study Example C.1 and Solved Problem 1 for help on determining the ELS.	Active Model: C.1: Economic Production Lot Size OM Explorer Solver: Economic Production Lot size OM Explorer Tutor: C.1: Economic Production Lot Size POM for Windows: Economic Production Lot Size
Determine the optimal order quantity when materials are subject to quantity discounts.	See the section “Quantity Discounts,” pp. 374–376. Study Example C.2 and Solved Problem 2 for a step-by-step approach to determine the best order quantity.	Active Model: ...