Describe inventory management strategy

Assignment Help Business Management
Reference no: EM13797274

Your team has been asked to evaluate the existing inventory management strategy at GTNT to find out how the company may optimize its operational performance. The company has also asked for a recommendation of which subcontractor to employ.

How would you plan around an emergency, such as a natural disaster? If a hurricane disrupted the supply of raw materials and the work-in-process inventory needed to produce finished goods, how would you modify the reorder points and quantities per order and why?

Reference no: EM13797274

Questions Cloud

Predict the potential effects that government policies : Outline a plan that managers in the low-calorie, frozen microwaveable food company could follow in anticipation of raising prices when selecting pricing strategies for making their products response to a change in price less elastic.
What factors influence the annual income : Would like to know what factors influence the annual income of a person. What are some of the variables you will look for? How would you collect data on these variables? Is the data qualitative or quantitative? Remember that for each person you find ..
Communication breakdowns in internal politics : Communication breakdowns in internal politics
How is your community preparing for a potential disaster : As a community health nurse, what elements do you think are important to stress to the community? How is your community preparing for a potential disaster, or how has it prepared?
Describe inventory management strategy : Your team has been asked to evaluate the existing inventory management strategy at GTNT to find out how the company may optimize its operational performance. The company has also asked for a recommendation of which subcontractor to employ.
A fair playing one of the midway games : 1. Imagine yourself at a fair playing one of the midway games. Pick a game and calculate the expected value and post your results along with how you calculated them. For example, you may decide to throw a basketball to try to win a $10 bear. You paid..
How do we honor traditions and cultures of so many groups : how do we honor the traditions and cultures of so many varied groups without inadvertently disadvantaging anyone? How can we develop strategies to ensure that cultural traditions are respected.
Legal requirements for the investigator : Detail the concept for admissibility of plain sight evidence and the legal requirements for the investigator to invoke a plain sight seizure.
Emphasize the importance of identifying critical path : Emphasize the importance of identifying critical path on projects and the manner in which one would allocate resources to all of the activities on the critical path.

Reviews

Write a Review

Business Management Questions & Answers

  Identify the steps that a musician would have to take

First, identify the steps that a musician would have to take in order to gain the commercial success necessary to earn his/her livelihood from selling music. Outline the actions this musician would have to complete which would make him/her suc..

  Research and analyze two articles on business ethics

Research and examine two articles on business ethics. Examine and explain the critical issues discussed in each article. Examine and explain the recommended solutions for these issues.

  Marshall mcluhan communication and media

marshall mcluhan communication and media theoryconceptsmarshall mcluhan is most frequently associated with the field of

  What is a mental model or mindset

What is a mental model or mindset; what influences it - explain about a mental model and mindset

  Repositioned by your employer to a new city

Zoning Change. You have been repositioned by your employer to a new city for an assignment that will probably last for two years. You don't want to sell your home

  Illustrate what is the net present value of this property

Assuming the required rate of return is 14% for investments with this degree of risk; illustrate what is the net present value of this property if the purchase price is $28,000 today?

  Conduct a job evaluation and detail steps would take

Analysis has been completed on various positions in the company and you are then assigned to conduct a job evaluation.

  Discrimination laws between the two countries

Choose a country that starts with the same letter as 1st letter of your last name. As manager of your company's global operations, you are responsible to analyze challenges and chances of staffing

  Explain error messages and the user interface

When thinking about error messages and the user interface, what are the different types of errors and what are some of the ways we can design our system to provide clear error messages

  Workplace privacy where would you draw the linecurrently

workplace privacy where would you draw the linecurrently workplace privacy is a very hot topic and it continues to be a

  How industry has broken its commitment of confidentiality

If you give the records to the fed the industry has broken its commitment of confidentiality. Illustrate what would you do?

  Behavioral management

Behavioral Management

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