Discuss primary reasons for carrying inventory

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Reference no: EM132171995

BOOK: Operations Management in the Supply Chain – Decisions and Cases, Roger Schroeder, Susan Meyer Goldstein, 7th edition, McGraw Hill Education, 2016

Text Overview Discussion Questions

1. Discuss primary reasons for carrying inventory

2. Discuss the cost of inventory

3. What is the difference between Independent and Dependent Demand?

4. Discuss the differences between Continuous and Periodic Review

5. Outline the mathematical progression and explain the need for Economic Order Quantity and Explain why EOQ evolved into SOQ and the advantages off doing so.

Reference no: EM132171995

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