Inventory Archives | MBTN Academy - Online Learning Tutorials, Problem Sets, and Certifications for Business Education
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Inventory

01 Jan

Posted at 07:30h in Entrepreneurship, Inventory, Online Education, Operations, Optimization

Best wishes for a joyful and prosperous New Year from MBTN Academy. We're looking forward to bringing you more analytical content in 2024 to improve your decision making skills. This month's free MBTN Academy tutorial tackles key economic decisions in inventory management. Efficient inventory management decision making is essential for manufacturing and retail businesses, where striking the right balance between ordering costs, inventory holding costs, and optimizing quantities is pivotal....

01 Jul

Posted at 14:27h in Finance, Inventory, Online Education

Retailers and manufacturers typically have a significant portion of their assets tied up in inventory (finished goods, sub-assemblies, and parts). Our Inventory 2 module provides an introduction to the fundamentals of inventory management and covers calculating demand, simple forecasting, average aggregate inventory value, weeks supply, inventory turnover, bullwhip effect, and the impact of inventory management on financial metrics....

01 Aug

Posted at 00:00h in Business Math, Entrepreneurship, Inventory, Marketing Analytics, Online Education

August's free MBTN tutorial is Inventory 1: Inventory Management Fundamentals, the 1st module in our inventory management series. As companies struggle with supply chain challenges, it is important that everyone in a company have a good understanding of forces that shape inventory management systems. Author Robert Robicheaux introduces some of the key issues in inventory management theory and practice....