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Calculus of inventory management

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Reference no: EM131408000

1) The "calculus" of inventory management (as presented in the textbook) relates to each of your products separately, and only at a single firm. Discuss how inventory management is also relevant within a supply chain context. How would you implement multi-tier inventory management?

2) A popular saying is "always clean your own house first, before criticizing your neighbor's house." Discuss how this applies to your organization's Lean Six Sigma program and its broader supply chain.

Reference no: EM131408000

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