Inventory planning models are useless because the model

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Reference no: EM132245562

1. You are tasked to compare the average labour productivity in 2012 with the average labour productivity july - september 2013. If the data related to labour productivity are availalble for january to september during 2013, why do we use only 3 late months in 2013 for comparison purposes?

2. Inventory Management: Comment on the following statement: “Inventory planning models are useless because the model assumptions do not always fit real world situations.” First, state if you agree or disagreewith the statement, and then explain why.

Reference no: EM132245562

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