How companies get rid of the obsolete inventory items

Assignment Help Operation Management

Reference no: EM131894405

Question: From time-to-time, a logistician must dispose of obsolete items; however, the logistician should first get a budget for the disposal. Why do you think this is necessary? Assuming it is worth nothing, why not just dispose of the items? How does accounting and finance get involved in this? After answering these questions, conduct a brief Internet search to determine how companies get rid of their obsolete inventory items.

Reference no: EM131894405

Questions Cloud

Compare the experiences of the two employees : Ting works for an export company in China. Last year, Ting encountered a financial difficulty because her bank required her to have a large deposit in order.

Goal of diversification is to eliminate all investment risk : The goal of diversification is to eliminate all investment risk. An unexpected return is a return that results from a surprise announcement or event.

Explain the four truth tests : Explain the four truth tests and illustrate each with an example of a belief that would be true by its standards.

Aspect of utilitarianism objectionable : Many find this aspect of utilitarianism objectionable, and thus reject utilitarianism as a moral theory. For example, the philosopher David Oderberg

How companies get rid of the obsolete inventory items : From time-to-time, a logistician must dispose of obsolete items; however, the logistician should first get a budget for the disposal.

What is human nature for confucius : What is human nature for Confucius? What evidence does he give to show that his views about human nature are correct?

Find the value of flags field for an unauthoritative message : Find the value of the flags field for an unauthoritative message carrying an inverse response. The resolver had asked for a recursive response.

Difference reasoning or method of agreement reasoning : Determine whether the following statement is an example of Method of Difference Reasoning or Method of Agreement Reasoning (and briefly explain your answer).

Find the value of the flags field for a query message : Find the value of the flags field (in hexadecimal) for a query message requesting an address and demanding a recursive answer.

User Account

All Pages