User Account

All Pages

Explain the benefits and costs of keeping too much inventory

Assignment Help Operation Management
Reference no: EM132263652

ASSIGNMENT

Question 1

Chapter 10 of the course textbook discusses INVENTORY MANAGEMENT; in this article, it is stated that Inditex uses various "inventory optimization models" in the production of Zara-branded clothing.DESCRIBE at least twoof the inventory management techniques (use terms or concepts from Chapter 10) that are used byInditex inthe production or supply of Zara products.

Question 2

Research and provide a LOGISTICS definition for the following terms used in this article:

(a) production capacity;and

(b) Master Production Schedule.

Question 3

Explain the benefits and costs of keeping too much inventory. What is meant by the saying "Inventory = death"? Do you believe that statement should be followed by all fashion companies?

Question 4

There are two main types of production strategies studied in Logistics: Chase Production strategy and Level Production strategy.

Please provide a definition, purpose and desired outcome for both of these strategie. Which of the two production strategies is Inditex/Zara more likely to follow and implement in the production of Zara branded clothing?

Question 5 

Explain or summarize how supply chain management and Zara'smanagement of inventory and other improvements of itslogistics havecreated value for the shareholders of Inditex.

[Reminder that your total submission for this assignment must be minimum 500 words not including this article comprised of over 1,600 words]

Attachment:- Logistics Assignment.rar

Reference no: EM132263652

Questions Cloud

What are some of the problems that poor writing causes : What are some of the problems that poor writing causes for businesses? Please do not copy your answer from the article.
Identify categories of interventions that may improve : Explain workplace design, causes of performance gaps, staffing requirements, and identify categories of interventions that may improve performance.
Describe what is meant by fleeing to pure transcendence : How would an Existentialist sentence a convicted sex offender who pleaded the insanity defense due to drug addiction?
Develop a method for shuffling : 300698 Operating Systems Programming - Western Sydney University - Develop a program that implements game. Additionally you should print each of the hands
Explain the benefits and costs of keeping too much inventory : Explain the benefits and costs of keeping too much inventory. What is meant by the saying "Inventory = death"?
Identify which features of these two traditions you saw : While reading about any of the non-Western traditions, identify at least three traditions that you mentally compared to some theory in Western philosophy?
What is your definition of justice : Depending on your viewpoint, demonstrate which aspects of our current American society make it a just (or unjust) society?
Define the various components of the roles : Write a two- to three-page paper defining the various components of the roles and styles of Organizational Development Consultants (ODC).
Did venus ever have liquid water : Did Venus ever have liquid water? What happened to it? Why is it no longer in the atmosphere as water vapor?

Reviews

Write a Review

Operation Management Questions & Answers

  Book review - the goal

Operations Management is about a book review. Title of the book is "Goal". This book has been written by Dr. Eliyahu Goldartt. The book has been appreciated by many as one of those books which offers an insight into the operations and strategic capac..

  Operational plan in hospitality enterprise

Operational plan pertaining to a hospitality enterprise is given in detail in the solution. The operational plan is an important plan or preparation which gives guidelines regarding the role and responsibilities of each and every operation at all lev..

  Managing operations and information

Recognise the importance of a strategic approach to the development and deployment of organisational information systems. Demonstrate an understanding of the importance of databases and their integration to the organisation's overall information mana..

  A make-or-buy analysis

An analysis of the holding costs, including the appropriate annual holding cost rate.

  Evolution and contributor of operations management

Briefly explain Evolution and contributor of Operations management.

  Functions and responsibilities of an operations manager

A number of drivers of change have transformed the roles, functions and responsibilities of an operations manager over recent years. These drivers have not only been based on technological innovations but also on the need for organisations to develop..

  Compute the optimal order quantity

Compute the Optimal Order quantity of DVD players. Determine the appropriate reorder point.

  Relationship to operations practice in the organisation

Evaluate problems in operations and identify approaches to overcoming them. Critically evaluate operating plans and identify areas for improvement. Justify, implement and evaluate changes to operations in line with modern approaches.

  A make or buy analysis

Develop a report for Figi Fabricating that will address the question of whether the company should continue to purchase the part from the supplier or begin to produce the part itself.

  Prepare a staffing plan

Prepare a staffing plan showing the change of your unit from medical/surgical staffing to oncology staffing.

  Leadership styles in different organizations

Ccompare the effectiveness of different leadership styles in different organizations

  Risk management tools and models

Be able to understand the concept of risk, roles and responsibilities for risk management and risk management tools and models.

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +91-977-207-8620

Phone: +91-977-207-8620

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd