Reference no: EM132318142
Chapter 12-Inventory
1. Describe the different types and uses of inventory
2. Describe the objectives of inventory management
3. Calculate inventory performance measures
4. Understand relevant costs associated with inventory
5. Perform ABC inventory control & analysis
6. Understand the role of cycle counting in inventory record accuracy.
7. Understand inventory's role in service organizations
8. Calculate order quantities
9. Evaluate the total relevant costs of different inventory policies
10. Understand why companies don't always use the optimal order quantity
11. Understand how to justify smaller order sizes
12. Calculate appropriate safety stock inventory policies
13. Calculate order quantities for single-period inventory
Chapter 10- Facility Layout
1. Define layout planning and explain its importance
2. Identify and describe different types of layouts
3. Compare process layouts & product layouts
4. Describe the steps involved in designing a process layout
5. Describe the steps involved in designing a product layout
6. Define the meaning of group technology (cell)layouts.
Attachment:- Objectives of inventory.rar
Attachment:- Facility Layout.rar