Explain how an organization ensures

Assignment Help Operation Management

Reference no: EM13825274

Explain how an organization ensures that the regular quantities and quality of goods (inventory) and services are purchased.

Additional Requirement

The question lies to Operations Management and it is about how to ensure regular quantities and quality of goods and services are purchased by an organization. This is an important question because of the fact that it highlights the forecasting by organization. An organization which can rightly forecast its sales beforehand, taking into account various economics an, socio political and environmental or demographic factors, it would need to maintain optimum inventory levels.

Word limit 400

Reference no: EM13825274

Questions Cloud

Find the internal rate of return promised by the new machine : Wendell’s Donut Shoppe is investigating the purchase of a new $34,100 donut-making machine. The new machine would permit the company to reduce the amount of part-time help needed, at a cost savings of $5,600 per year. What would be the total annual c..

Role of the major national and transnational organization : the role of the major national and transnational organizations

Characteristics of relevance and comparability of accounting : Compare and assess the qualitative characteristics of ‘relevance' and ‘comparability' of accounting information of a listed company for the financial statements between year 2009 and 2010

What will happen to the revenue of rta : The problem belongs to Economics, mainly to Micro-economics and it explain, if bus fares from Abu Dhabi to Dubai increase, what will happen to the revenue of RTA. This has been explained in the answer.

Explain how an organization ensures : Explain how an organization ensures

Report on liabilities and assets and in a balance sheet : This problem belongs to Basic Accounting and it is a report on liabilities and assets and in a balance sheet and the various classificatory descriptions and forms

Comment on given question using concept of the elasticities : The question relates to Economics, particularly Micro-economics and it is discuss about the question about booming products during recession such as pancake mixes, spam, beans, rice and instant potatoes.

Express the given quality of salt in kilograms : A sample is found to contain 1.00e-5 g of salt. Express this quantity in kilograms

How do you use appropriate information sources : How do you use appropriate information sources

User Account

All Pages