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Randy smith-inventory control manager

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Reference no: EM132905000

Randy Smith, Inventory Control Manager (pages 242-244)

Using the ABC method of inventory, (1) provide a spreadsheet with the Annual Usage in Dollars and (2) sort the table according to the amount of dollars expended from highest to lowest. Create a table that shows the Annual Usage in Dollars and the associated Part Number only. (3) Using the information created from the spreadsheet, develop an integrated inventory control policy that should be considered by management. (4) Provide and explain, in a convincing document, why you are recommending this policy. (5) What other information would you like to review that may assist you in making a more effective policy? (6) If so, what would that information be and how would you use it to assist you in your development of that policy. (7) Using the information derived from this case study, discuss how at least one of the Saint Leo University core values apply to this situation.

Reference no: EM132905000

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