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This discussion forum requires becoming familiar with the objectives of the MyOMLab Inventory Management simulation, which is detailed in Part 1 of the Module 6 Critical Thinking (CT) assignment. Then address each of the following items in your initial commentary:
Question 1: Describe the role of inventory management within the context of operations management based on the simulation experience.
Question 2: Compare and contrast the three inventory models for independent demand (Heizer et al., 2022, p. 496) by briefly identifying examples or scenarios in which each model is best suited.
Question 3: Designate an inventory model that would be helpful in achieving your simulation outcome. Explain your rationale for choosing the designated inventory model and how it enables your strategy.
Question 4: If D = 8000 per month, S = $45 per order, and H = $2 per unit per month
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