State the perpetual inventory control systems, Operation Management

Assignment Help:

State the Perpetual inventory control systems

Continuous (Perpetual) Inventory Control Systems:

Stock levels are continually monitored and reviewed within ‘real-time’ and orders placed while stock reaches or falls below a pre-found reorder level. This reorder level could be for standard or variable quantity every time but ordering does not arise at predetermined intervals of time.


Related Discussions:- State the perpetual inventory control systems

Explain organizational complexity affect human behaviour, Given the multipl...

Given the multiple components (subsystems) of the organizational system model, organizations might be said to be complex. Drawing from your own work and organizational experiences

Outsourcing, determine whether outsourcing of the particular manufacturing ...

determine whether outsourcing of the particular manufacturing operation makes financial sense

What is eoq and optimum time between orders, An industrial machine tools ma...

An industrial machine tools manufacturer supplies replacement parts from its inventory. For a particular part, the annual demand is expected to be 750 units. Machine setup costs ar

Explain the first step in segmenting and targeting markets, The first step ...

The first step in segmenting and targeting markets is to recognize a need. group potential buyers into segments. create product groupings. estimate size of the overall

Explain communication behaviours destroy trust, One of the most important f...

One of the most important factors determining whether organizations and their members will be high performance is the presence of trust between leaders and followers. What types of

What is cost accounting, I borrowed the book of cost accounting and brought...

I borrowed the book of cost accounting and brought the answer of the questions about three months ago. You charge me $15.94 for the answers per month. Now, I have returned the book

How to find the optimum number of units, A manufacturing company sells its ...

A manufacturing company sells its products directly to customers and operates 5 days a week, 52 weeks a year. The production department of this company can produce at the rate of 6

Explain how the employees effectively execute strategy, Select a company th...

Select a company that you believe uses employees to achieve a competitive advantage. Discuss how the employees effectively execute the strategy and how the company can sustain this

Describe strategic planning process, As a part of the strategic planning pr...

As a part of the strategic planning process, our firm will have to examine external factors with the EFE Matrix and internal factors with the IFE Matrix. If we only do one of these

Explain contemporary strategy analysis, Ford's (Case 4) challenge in meetin...

Ford's (Case 4) challenge in meeting the needs of shareholders versus stakeholders. What ethical challenges and dilemmas might this pose? How should a corporate strategy be adju

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