Inventory is necessary element for customer service

Assignment Help Operation Management
Reference no: EM132215329

Inventory is a necessary element for customer service. However, it implies an additional cost that can become unsustainable for an organization. Read the article Inventory-Driven Costs and answer the following questions: Is HP’s focus on minimizing inventory costs is feasible for a company operating in a market where delivery speed is an order-winning factor? Would you pay a premium for a product or service price for an earlier delivery? For which type of products or services?

Reference no: EM132215329

Questions Cloud

How did the disruption facilitate a competitive advantage : How have technological trends helped the organization innovate its business processes? How has IT technology caused disruption in the organization?
Alignment and accountability among management team : How important do you view alignment and accountability among a management team?
Explain how you collect the data and discuss its limitation : BUS708 Statistics and Data Analysis - Statistical Modelling Assignment - What are the types of variables involved? Explain briefly what are the possible cases
Analyze the mean in which data moves within the organization : Imagine you are an Information Security consultant for a small college registrar's office consisting of the registrar and two assistant registrars.
Inventory is necessary element for customer service : Inventory is a necessary element for customer service. Would you pay a premium for a product or service price for an earlier delivery?
What is meant by the term interprofessional collaboration : Explain what is meant by the term interprofessional collaboration from a nursing perspective. (Do not simply copy a definition from a dictionary or other).
Determine the cost of goods manufactured : Highland Co. is a job-order-costing company that uses activity-based costing to apply overhead to jobs. Determine the cost of goods manufactured
Why your company or organization needs more user education : Perform a search on the Web for articles and stories about social engineering attacks or reverse social engineering attacks. Find an attack .
Contemporary emphasis in public administration on management : Contemporary emphasis in public administration on management and related concepts such as managerialism raise important issues about both democratic government

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!

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