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    O'Noso Lar 2020

    Ribera, Jaume

    • Reference: PE-83-E

    • Number of pages: 6

    • Publication Date: Apr 1, 2020

    • Source: IESE (España)

    • Type of Document: Exercise

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    Description

    A simulation exercise to manage orders for three types of wine purchases, with variability. It allows participants to define their own purchasing policies and test them using the simulator.

    Learning Objective

    The exercise provides a good illustration of the calculations behind optimal purchasing batches and safety inventories.

    Keywords

    Inventory management Operations Purchasing