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logistics 5,6,7 (camps formula (no stock-outs, cost per order are constant…
logistics 5,6,7
camps formula
no stock-outs
cost per order are constant
the delivery lead time
cost for holding a product
sales per time unit
delivery must be made in one shipment
Forecasting
demand forecasting
MRP
DRP
Forecast horizon
time series models
Qualitative models
Intuition
casual models
aggregation
models
Qualitative
Casual
classification of purchasing concepts
operational activities
agreements
evaluation
audits
objective
optimization of integral cost
purchasing at lowest cost
strategic activities
decision process
sourcing
selection
spesification
contract
return on investment
Capital requirement
Current assets
receivables
cash
inventory
supplier credit
Fixed assets
profit
turnover
costs
types of inventory
inventory level
inventory turnover
type of purpose
the calculated inventory
the place in the chain
return goods
on order
raw materials
the standard inventory
maximum
average
minimum