Newsvendor model: applications in semiconductors
This module is part of the Science of Supply Chain series, a suite of presentations where we explore the science of supply chain and its applications at Micron.
The Newsvendor Model is a fundamental theory in supply chain management used to determine optimal target service levels in the presence of uncertainty in demand. This presentation covers an overview of the Newsvendor Model, the statistics used to find solutions, and examples of the practical business application at Micron.
