Solution-Describe the four basic types of inventory

Describe the four basic types of inventory

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Reference no: EM13829479 , Length:

Part -1:

1. Describe the four basic types of inventory.

2. Why is it important to conduct cycle counting?

3. What is the purpose of the EOQ and the ROP? How can they be used together?

4. How is the quantity discount model related to the EOQ model?

Part -2:

1. Explain why lean production and Six Sigma are so important to successful supply chain management.

2. What person or people at Toyota is (are) most responsible for the development of the JIT concept?

3. What are manufacturing cells, and why are they important to lean production?

Reference no: EM13829479

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Describe the four basic types of inventory : Describe the four basic types of inventory and why is it important to conduct cycle counting - Explain why lean production and Six Sigma are so important to successful supply chain management.

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Describe the four basic types of inventory

Reference no: EM13829479 , Length:

Reference no: EM13829479

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