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Certificate of Achievement
has completed the following course:
Inventory Management and Economic Order Quantity
This online course assessed the necessity of the inventory and its analysis; explored the classification of inventories; identified the concept and the method of determining the economic order quantity; and recognised the bullwhip effect, its drivers and results in the supply chain.
2 weeks, 5 hours per week
Piyya Shan
Lecturer in Operations & Supply Chain Management
Coventry University
Transcript
Learning outcomes
- Assess the necessity of the inventory and its analysis
- Explore the classification of inventories
- Identify the concept and the method of determining the economic order quantity
- Recognise the bullwhip effect, its drivers and results in the supply chain
Syllabus
- The meaning of inventory
- The principles of inventory management
- Concept of the economic order quantity
Issued on 13th December 2022
The person named on this certificate has completed the activities in the transcript above. For more information about Certificates of Achievement and the effort required to become eligible, visit futurelearn.com/proof-of-learning/certificate-of-achievement.
This certificate represents proof of learning. It is not a formal qualification, degree, or part of a degree.