How would you go about evaluating criticalness of inventory

Assignment Help Operation Management
Reference no: EM13922349

1. As a supermarket manager, how would you go about evaluating the criticalness of an inventory shortage?

2. Sam is at the post office to mail a package. After he pays for mailing the package, the clerk asks if he would like to buy some stamps. Sam pauses to think before he answers. He doesn't have a credit card with him. After paying for the package, he has about $30 in his pocket. Analyze this from an inventory standpoint. Identify the relevant considerations.

3. Give two examples of unethical conduct involving inventory management and the ethical principle each one violates.

Reference no: EM13922349

Questions Cloud

Three different types of planning used in the management : The intensity of industry competition and an industry's profit potential are a function of which of the following forces of competition?:
Pornography consumer tracking ethical problems : Possible Issues Corporate executive compensation Corporate contributions to political campaigns Affirmative action The media and its responsibilities Domestic surveillance Whistle blowing in government or in a business Religion in the workplace Po..
Materials are added at the beginning of the process : Information for the current month for Process D is shown below. Direct Materials Conversion Costs Beginning work in process inventory $ 6,400 $ 9,600 Current month’s costs $31,740 $51,100 Equivalent units based on the FIFO costing method 69,000 70,00..
Potential future international relations environment : This paper is designed for you to use your critical thinking skills evaluating a potential future international relations environment, discuss/describe how national interests can be threatened or challenged, and determine how states can utilize in..
How would you go about evaluating criticalness of inventory : As a supermarket manager, how would you go about evaluating the criticalness of an inventory shortage? Give two examples of unethical conduct involving inventory management and the ethical principle each one violates.
Preparing a traditional income statement : While preparing a traditional income statement, the costs are shown in which of the two categories.
Describing the state plans : Describe State Plans and discuss what must be demonstrated by the states, including the process, to be an approved OSHA State Plan. Please provide approximately 200-300 words and a reference citation for your source material in your response.
Computerized or traditional systems objectives : Discuss some of the other attributes beyond analytical thinking and writing skills that many employers value.  Why must we have knowledge of computerized or traditional system's objectives to study that system
What risks or challenges might an accountant encounter : How will accomplishing these objectives support your success in accounting - What risks or challenges might an accountant encounter if they have not mastered these objectives?

Reviews

Write a Review

Operation Management Questions & Answers

  Maker for purchasing office equipment in your organization

You are the decision maker for purchasing office equipment in your organization. One sales representative privately offers you season tickets to the Chicago Bears if you help him out. When medical research indicated that a high-fiber diet might help ..

  Pay for perfect market research

A plant manager wants to know how much he should be willing to pay for perfect market research. Currently there are two states of nature facing his decision to expand or do nothing. If the two states of nature are equally likely, how much should he p..

  Previous and future promotion efforts

What does the degree of brand familiarity imply about previous and future promotion efforts? How does the degree of brand familiarity affect the place and price variables?

  Explain why either approach wouldn work all the time

Explain why either approach wouldn work all the time, and the benefit of matching the number of servers to the pace of customer arrivals.

  Discuss the ethical implications of the organization policy

Discuss the ethical implications of the organization's policies and strategies with respect to market expansion, human capital management, and the environment.

  An investment proposal will encompass annual fixed costs

an investment proposal will have annual fixed costs of 60000 variable costs of 35 per unit of output and revenue of 55

  Organizations logistics process creates value

How would you describe logistics in your organization? Describe the nature of the process and how it is used to deliver a service or product to your customer. Using the principles and techniques of logistics management, consider how your organization..

  Use solver to determine an optimal work schedule

Rachel Nolan surveyed her employee schedule for In a Day Drycleaners. She was having trouble keeping labor costs down while meeting demand. In a Day Drycleaners guarantees to have their customer's clothes cleaned within 24 hours. Given the worker req..

  What internal problems result from the current planning

What internal problems result from the current planning and control policies? In particular, analyze stock turns and availability (e.g. high and low levels).

  Potential problems with traditional overhead allocation

Four potential problems with a "traditional" overhead allocation. List and describe four potential problems with a "traditional" overhead allocation system.

  Whenever hines asked for the additional 20000 the customer

martin rupe worked as the manager of one of jas retail outlets. a customer came in and offered to buy all remaining

  Determine the point estimate of salary for a teacher

What is the t-ratio for EXP? Does it indicate that experience is a statistically signi?cant determinant of salary if a 95 percent con?dence level is desired. Determine the point estimate of salary for a teacher with 20 years of experience.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd