Risk of excess components due to unmet forecasts

Assignment Help Management Theories

Reference no: EM131059437

Inventory management is a critical but yet sometimes the overlooked part of the purchasing and supply chain management. The fear is running out of materials that would shut down production, but there is a risk of excess components due to unmet forecasts or obsolete products that are no longer being produced. Name and describe the categories of inventory-carrying costs. What do inventory turns and days of supply measure? Recommend three ways to effectively manage inventory control costs and assure smooth running production with no shortages. Support your answer with proper rationale.

Reference no: EM131059437

Questions Cloud

Write a summary about the article the urban scene- thomas : Write a summary paper about the article The Urban Scene - Thomas. The other artical about Ban Nuclear Weapons. you may pick only one and make summarize to it very simple and breafily well understand and in an organized way.

The basic benefits calculation formula : Read about identify and then explain how one would uses the Basic Benefits Calculation formula in chapter 3 of "Transit projects: A guide for practitioners" to estimate the benefit to a motorist using I75 versus US41 from Atlanta to Chattanooga wh..

Final temperature of the system : An insulated beaker with negligible mass contains liquid water with a mass of 0.335 kg and a temperature of 69.1oC. How much ice at a temperature of -18.3oC must be dropped into the water so that the final temperature of the system will be 29.0oC?

Products of inertia for rotation about the z axis : Find its moment of inertia for rotation about the z axis. Without doing any integrals write down and explain its two products of inertia for rotation about the z axis.

Risk of excess components due to unmet forecasts : Inventory management is a critical but yet sometimes the overlooked part of the purchasing and supply chain management. The fear is running out of materials that would shut down production, but there is a risk of excess components due to unmet for..

Turn circular loop of radius : A 200 turn circular loop of radius 35 cm is lying flat on the ground with a current of 125 A circulating counterclockwise (when viewed from above) in a location where the Earth's field is pointed north, but at an angle 45.0° below the horizontal a..

How does your interview line up with the research : Division of Labor in your Household: Write an essay in which you describe what the division of household labor was like in your own house growing up. Who did what, and how did everyone seem to feel about it? Were there tensions over who did wha..

Difference between a dns resolver and a dns root server : COIT12206 TCP/IP Principles and Protocols - What is partially qualified domain name (PDQN), and what assumption is made by a DNS resolver when processing it and explain the difference between a DNS resolver and a DNS root server.

Hand on a clock that measures the seconds : What is the rotational speed of the hand on a clock that measures the seconds?

User Account

All Pages