Explain about the managing inventory, Operation Management

Assignment Help:

Q. Explain about the managing inventory.

Managing inventory (stock):

Retailers buy stock or inventory and sell that to customers; that manufacturers buy raw material and elements, manufacturing or assembling goods and after that selling such finished goods downstream for example, later into the supply chain, in the direction of the ultimate customer or consumer.


Related Discussions:- Explain about the managing inventory

Explain competitive advantage of southwest airlines, What might the competi...

What might the competitive advantage be for each of the following companies? a. EBay b. Southwest Airlines c. Starbucks d. Apple f. Facebook

What are disadvantages of delegated sourcing strategies, What are the disad...

What are the disadvantages of using delegated sourcing strategies? Disadvantages of using delegated sourcing: a. Can be a complicated relationship to manage an outsourcer

Service operations managers - left in the dust, Ques: On what basis do you ...

Ques: On what basis do you think Schmenner (1986) suggests that service managers who see themselves as unique may be 'left in the dust'? Ans: Schmenner (1986) suggests that if s

Compute forecasted sales, In the table given below the Distribution Manager...

In the table given below the Distribution Manager is expected to service these DCs as per the demands placed. If the actual sales after completing week one is as follows, what woul

Mean value - statistical aspects of variability, Mean value - Statistical A...

Mean value - Statistical Aspects of Variability The arithmetical mean value (µ, mu) of the measurements can be readily calculated, as follows. Let the class mid- point values

Explain the front-room and back-room services, Identify the front-room and ...

Identify the front-room and back-room services for the following organizations. Could these services be improved by increasing or decreasing the degree of customer contact? By sepa

Explain the new optimal solution, Consider the following linear program: Ma...

Consider the following linear program: Max 1A + 1B s.t. 5A + 3B ?15 3A + 5B ? 15 A, B ? 0 a. What is the optimal solution for this problem? b. Suppose that the objective function i

Explain unique security challenges, Malpass International has been reliant ...

Malpass International has been reliant on a legacy human resource management database for the past 12 years. Now, senior management has approved funds for a complete replacement. T

Explain one-factor-at-a-time experimentation, What are the advantages and d...

What are the advantages and disadvantages of full-factorial design over one-factor-at-a-time experimentation?

Write Your Message!

Captcha
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