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Wilson Model Course

Wilson Model Course
4 to 360h flexible workload
certificate valid in your country

What will I learn?

This course provides a practical guide to mastering the Wilson Model for EOQ and effective inventory management. Participants will learn to classify inventory items, compute optimal order quantities, establish reorder points, and determine safety stock levels using real-world data and straightforward methods. The program covers handling discounts, constraints, and demand fluctuations, culminating in the creation of clear reports that reduce costs, maintain service levels, and inform purchasing decisions.

Elevify advantages

Develop skills

  • Master EOQ calculations to determine optimal order quantities quickly for logistics scenarios.
  • Optimize costs by balancing ordering, holding, and shortage expenses using the Wilson Model.
  • Design reorder systems with EOQ, ROP, and safety stock to achieve desired service levels.
  • Estimate key inputs like demand, costs, and lead times from actual logistics datasets.
  • Perform scenario analysis with EOQ models to validate inventory strategies for stakeholders.

Suggested summary

Before starting, you can change the chapters and the workload. Choose which chapter to start with. Add or remove chapters. Increase or decrease the course workload.
Workload: between 4 and 360 hours

What our students say

I was just promoted to Intelligence Advisor for the Correctional System, and the course from Elevify was crucial for me to be the chosen one.
EmersonPolice Investigator
The course was essential to meet the expectations of my boss and the company I work for.
SilviaNurse
Great course. Lots of valuable information.
WiltonCivil Firefighter

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