Although lower inventories and just-in-time approach

Assignment Help Operation Management

Reference no: EM131126614

Although lower inventories and a just-in-time approach receive considerable attention in the business media, some organizations prefer high levels of inventory. Why would they want to hold a large inventory?

Reference no: EM131126614

Questions Cloud

Rationalize how firm logistics and supply chain strategy : Drescribe and rationalize how a firm's logistics and supply chain strategy will likely evolve as a firm shifts from no international strategy to a global strategy will likely to a transnational strategy. What are the challenges as the firm evolves th..

Influence business practices in nations that are developing : Could it be argued that by having facilities overseas, it gives us an opportunity to expand our CSR initiatives and, hopefully, influence the business practices in nations that are developing?

Leadership qualities-ability-enthusiasm and stability : Describe the following leadership qualities: ability, enthusiasm, stability, and concern for others. (II) Use examples from our book to provide the details of how each quality enhances leadership effectiveness. (III) Explain what results from lack of..

High inventory levels of one of the handle grips : The Jewel Golf Club Company, which recently began using a Kanban system, has had problems with high inventory levels of one of the handle grips used to make several versions of its clubs. Daily demand for the grip is 2000 units, average waiting time ..

Although lower inventories and just-in-time approach : Although lower inventories and a just-in-time approach receive considerable attention in the business media, some organizations prefer high levels of inventory. Why would they want to hold a large inventory?

What do you think about corporate social responsibility : What do you think about corporate social responsibility (CSR)? Make sure to clarify the role of institutions in society as part of your answer. What do you think is the proper role of organizations towards the environment? Make sure to address the po..

Uses gear assemblies to produce four different models : The Burdell Company is a small manufacturing company that uses gear assemblies to produce four different models of mountain bikes. One of these gear assemblies, the "Smooth Shifter", is used for the two most expensive of Burdell's four models, and ha..

Total of wholesaler current cycle plus pipeline inventories : Shipments of Product X from a plant to a wholesaler are made in lots of 600. The wholesaler's average demand for X is 100 units per week. Lead time from plant to wholesaler is 4 weeks. The wholesaler pays for the shipments when they leave the plant. ..

Considerable work-in-process and raw material inventories : Rome Corporation is a supplier of ball bearings. Because of the specialized manufacturing process employed, considerable work-in-process and raw material inventories are created. The current inventory levels are $1,500,000 and $2,000,000, respectivel..

User Account

All Pages