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Inventory management systems methods

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Reference no: EM133182563

1. Differentiate between and apply inventory management systems methods and concepts.

2. Compose the results of operations and case studies effectively in writing the results of operations analysis and case studies.

Prompt:

According to the assigned case study, Consolidated Electric was faced with an inventory level v. customer service tradeoff. Review the assigned case materials provided and answer the following questions:

Design an inventory control system for this business. Provide the formulas that you would use for a P System, Q system or other system you design. Compare these to the formulas currently used. Examine the data from the Appendix to note any peculiarities in demand that your system might encounter. What would you do about them?

Describe how the system you have designed will help the company meet customer-service and cost objectives.

Reference no: EM133182563

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