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

Explain industrial disputes act, Explain Industrial Disputes Act. The I...

Explain Industrial Disputes Act. The Industrial Disputes Act intend at settling disputes between Employer and Employees.

Explain organizational structure, Analyze the reason for the type of organi...

Analyze the reason for the type of organizational structure employed by the organization, and identify the key positions that support that organizational structure.

Describe the topic of joint versus separate preference, Explain the topic o...

Explain the topic of joint versus separate preference reversal.

Explain when great technological projects, Superior expertise about how tec...

Superior expertise about how technologies work does not guarantee superior judgment about how they should be used, regulated, or governed. As technology becomes more sophisticated,

Clean systems disimillar from traditional production systems, Explain how l...

Explain how lean systems differ from traditional production systems?

Analytic also synthetic methods of manufacturing operations, Analytic and s...

Analytic and synthetic methods of manufacturing operations may be on the final exam. What is the difference between them? Please include an example

Explain legal and ethical behaviour in marketing, Describe the difference b...

Describe the difference between legal and ethical behaviour in marketing. Give an example of each as it pertains to marketing

Explain customization and volume and process., The product-process matrix u...

The product-process matrix used to analyze manufacturing operations brings together the elements of: a) Customization, volume, and process. b) Volume, process, and intensity.

Define the functional department integration, Q. Define the functional depa...

Q. Define the functional department integration in information system. All functional departments are integrated within one holistic information system. Well integrating manufa

Explain what are the speeds of the objects after collision, A mass of 10kg ...

A mass of 10kg travelling at 5 m/s undergoes a head on elastic collision with a 7kg object travelling at 9 m/s in the opposite direction. What are the speeds of the objects after c

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