Inventory optimization

Economic order quantity

Economic Order Quantity (EOQ), also known as Economic Buying Quantity (EPQ), is the order quantity that minimizes the total holding costs and in inventory management. It is one of the oldest classical production scheduling models. The model was developed by Ford W. Harris in 1913, but R. H. Wilson, a consultant who applied it extensively, and K. Andler are given credit for their in-depth analysis. (Wikipedia).

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Example: Supply and Demand

In this video, we learn the basic ideas of supply and demand, and then solve an application problem involving linear functions. College Algebra homepage: http://webspace.ship.edu/jehamb/calg.html

From playlist College Algebra

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Equilibrium Point

http://mathispower4u.wordpress.com/

From playlist Applications of Definite Integration

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Mod-03 Lec-13 Cournot Model of Oligopoly

Game Theory and Economics by Dr. Debarshi Das, Department of Humanities and Social Sciences, IIT Guwahati. For more details on NPTEL visit http://nptel.iitm.ac.in

From playlist IIT Guwahati: Game Theory and Economics | CosmoLearning.org Economics

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Loanable funds market | Financial sector | AP Macroeconomics | Khan Academy

How do savers and borrowers find each other? In the market for loanable funds! In this video, learn how the demand of loanable funds and the supply of loanable funds interact to determine real interest rates. AP(R) Macroeconomics on Khan Academy: Macroeconomics is all about how an entire n

From playlist Financial sector | AP Macroeconomics | Khan Academy

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Modern finance and Macroeconomics: connecting various threads by Srinivas Raghavendra

Modern Finance and Macroeconomics: A Multidisciplinary Approach URL: http://www.icts.res.in/program/memf2015 DESCRIPTION: The financial meltdown of 2008 in the US stock markets and the subsequent protracted recession in the Western economies have accentuated the need to understand the dy

From playlist Modern Finance and Macroeconomics: A Multidisciplinary Approach

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Long term supply curve and economic profit | Microeconomics | Khan Academy

Understanding the long term supply curve in terms of economic profit Watch the next lesson: https://www.khanacademy.org/economics-finance-domain/microeconomics/firm-economic-profit/average-costs-tutorial/v/fixed-variable-and-marginal-cost?utm_source=YT&utm_medium=Desc&utm_campaign=microec

From playlist Firm behavior and market structure | AP Microeconomics | Khan Academy

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Pierre Degond: On the interplay between kinetic theory and game theory

Abstract: We propose a mean field kinetic model for systems of rational agents interacting in a game theoretical framework. This model is inspired from non-cooperative anonymous games with a continuum of players and Mean-Field Games. The large time behavior of the system is given by a macr

From playlist Mathematics in Science & Technology

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Price of related products and demand | Microeconomics | Khan Academy

How changes in the price of related goods can shift demand Watch the next lesson: https://www.khanacademy.org/economics-finance-domain/microeconomics/supply-demand-equilibrium/demand-curve-tutorial/v/change-in-expected-future-prices-and-demand?utm_source=YT&utm_medium=Desc&utm_campaign=mi

From playlist Intro to Economics

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Change in demand versus change in quantity demanded | AP Macroeconomics | Khan Academy

In this video we illustrate and explain the differences between a change in the quantity demanded for a good (which causes a movement along a demand curve) and the change in a good's demand (which causes the entire demand curve to shift). Microeconomics on Khan Academy: Microeconomics is a

From playlist Intro to Economics

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21. Exchanges, Brokers, Dealers, Clearinghouses

Financial Markets (2011) (ECON 252) As the starting point for this lecture, Professor Shiller contrasts the view of economics as the theory of the allocation of scarce resources with the view of economics as the study of exchange. After a discussion of the difference between brokers and d

From playlist Financial Markets (2011) with Robert Shiller

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Perfect competition | Forms of competition | Microeconomics | Khan Academy

Conditions for perfect competition. Looking at the airline industry Watch the next lesson: https://www.khanacademy.org/economics-finance-domain/microeconomics/perfect-competition-topic/monopolies-tutorial/v/monopoly-basics?utm_source=YT&utm_medium=Desc&utm_campaign=microeconomics Missed

From playlist Firm behavior and market structure | AP Microeconomics | Khan Academy

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