Discuss why inventories are necessary

Assignment Help Operation Management
Reference no: EM13779402

Discuss why (or if) inventories are necessary. What are the benefits of inventories? What are the disadvantages of holding inventories?

Reference no: EM13779402

Questions Cloud

The ratio of earnings to sales issues : The greater the randomness in the model, the greater the number of periods should be used in a moving average forecast.
What types of people become case managers : How is the role different for correctional counselors, probation officers, and social workers? Are some people more suited for certain areas than others? What types of people become case managers
System software : What Does a Computer Do?.Input - sends data to the processing unit Process - executes instructions and memory holds programs and data when being used.
Identify how this drug is ingested : Identify how this drug is ingested when it is used illicitly, and the street names that the drug is known by. Detail the physical impact that the drug has on the user, both immediate and long-term, in terms of drug reaction and health
Discuss why inventories are necessary : Discuss why (or if) inventories are necessary. What are the benefits of inventories? What are the disadvantages of holding inventories?
What other techniques might you choose to manage : Discuss the use of PERT/CPM techniques for managing projects. Describe what PERT/CPM does. Discuss advantages and disadvantages of using it. What other techniques might you choose to manage your project?
Relationship between income and the crime : Briefly describe the situation discussed in your article and then explain how a relationship between income and the crime rate is not the same as income level causing crime
Three most important issues in supply chain management : What, in your opinion, are the three most important issues in supply chain management? Discuss why you think these are the key issues.
Economies of scale in a manufacturing plant : What are economies of scale in a manufacturing plant? Do they continue forever? What are diseconomies of scale? How might you decide the optimal size of a plant?

Reviews

Write a Review

Operation Management Questions & Answers

  Compare multi-domestic-global and transnational strategies

Compare and contrast multi-domestic, global, and transnational strategies. What environmental factors influence a firm's international strategy? What are the benefits and risks of international diversification? What are the challenges of managing mul..

  The project costs are under budget

One software developer took the recently announced "early retirement" package, and is leaving in one week. He is confident he will be able to finish his piece of the work before he leaves.

  In industry x customers are becoming less interested in the

in industry x customers are becoming less interested in product variety and more interested in a low price. process

  Write the formula for price elasticity of demand

Write the formula for price elasticity of demand and describe what it means. How would you expect the price elasticity of demand for health care to vary with health status

  Strategic corporate social responsibility

Using a real-life example, list a firm's stakeholders and use one of the models presented in the chapter to prioritize their importance. What criteria do you think should be used to prioritize competing stakeholder interests? the book is Strategic Co..

  You have decided to become an entrepreneur you have a

you have decided to become an entrepreneur. you have a product in mind you want to manufacture. you have also developed

  To determine the feasible region associated

To determine the feasible region associated with less than or equal to constraints or greater than or equal to constraints

  What measures will you put in place to protect the content

Will this type of class be better or worse than a traditional class? Will security measures be necessary for the wireless classes? If so, what measures will you put in place to protect the content?

  Discuss value for the strategic management process

What are vision and mission statements? What is their value for the strategic management process? Select an example of strong Vision/Mission (cite your source).

  Determine which sources of law would be most relevant

Determine which sources of law would be most relevant in this case and how management could leverage knowledge of those sources to prevent similar instances in the future.

  Estimate the annual cost of ordering

A car rental agency uses 96 boxes of staples a year. The boxes cost $4 each. It costs $10 to order staples, and carrying costs are $0.80 per box on an annual basis.

  Crafting messages for electronic media

The Final paper will consists of at least 1500 words, (about 4-5 pages not counting cover sheet or reference page). • The paper must provide footnotes and/or full credits for reference material used (must include a minimum of two (2) references ou..

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