Explain appropriate levels of control for their inventory, Operation Management

Assignment Help:

Hatten (2009) stated, because inventory is such a significant expense, most businesses look carefully for ways to determine the appropriate levels of control for their inventory. Hatten (2009) discusses several inventory control methods 2013 Visual Control, EOQ, ABC Classification, EDI, JIT, and MRP. Which method do you feel would be the best?

Related Discussions:- Explain appropriate levels of control for their inventory

What are current examples of unethical business decisions, What are recent ...

What are recent examples of unethical business decisions that have had a large impact on society?

Advantage of least cost method, Advantage of Least Cost Method a. ...

Advantage of Least Cost Method a. This method provides accurate solution as transportation cost is consider while making allocation. b. It is very simple and

Forecasting, managerial decision modeling with spreadsheets 2nd Canadian ed...

managerial decision modeling with spreadsheets 2nd Canadian edition end of chapter 12 solution

Describe how the input from other areas into pac, 1. What is one of the key...

1. What is one of the key elements of an effective PAC system? Why is this element so important? 2. Explain how the input from other areas into PAC and the feedback PAC provides

Explain what would they have to learn elsewhere, What kinds of information ...

What kinds of information do you think recruiters can legitimately expect to learn on a social networking site? What would they have to learn elsewhere? How do you protect yourself

What is a a simple moving average, A simple moving average_____. (may be mo...

A simple moving average_____. (may be more than 1 answer) A) lags a trend B) is best to use when product demand is unstable. C) cannot be used to filter out random fluctua

Memo motion and micro motion recording, Memo Motion and Micro Motion Record...

Memo Motion and Micro Motion Recording Originally based on cine-photography, nowadays video-recording technology is used to record patterns of movement in process activities.

Explain organization culture importance to business success, Describe organ...

Describe organization culture. Provide a definition and explanation of its importance to business success?

Explain meaning of disparate impact and disparate treatment, Your answers f...

Your answers for your two questions should total at least 200 words 1. How can employers guard against pay inequities in the workforce? 2. Explain the meaning of disparate i

Explain timmy says he doesn like getting swindled, Timmy Thompson, who fini...

Timmy Thompson, who finished his second year at a local community college last May, sees an advertisement to rent an apartment at Ocean Apartments for $1,500 a month. Timmy walks i

Write Your Message!

Name

Email id

Message

Verfication Code

User Account

All Pages