Use differing inventory control models

Assignment Help Operation Management

Reference no: EM131133626

For the grocery delivery business addressed in Question 1, the grocery chains that you are planning to partner with use differing inventory control models. Company A utilizes the Just-in-Time (JIT) inventory control model and Company B uses an Economic Order Quantity model. In reviewing your business plan, the bank loan officer has noticed this. As the loan officer is not overly familiar with either model, a request has been made of you to provide a description of each model and an explanation of why partnering with these companies would or would not create a conflict within your operations. Provide a detailed analysis of the situation in your business model.

Reference no: EM131133626

Questions Cloud

What is the total annual inventory cost for the brakes : Best Bikes produces bicycles and buys brakes from a supplier in Japan. The brake set for one bicycle costs $125, and it is $35 to process the order with the supplier. What is the average inventory carrying/holding cost for the brakes? What is the tot..

Describe the situation if a single doctor is working : An administrator in a small suburban hospital is concerned with the waiting lines in the emergency room, which is always staffed by at least one doctor. Patients arrive on average at the rate of 14 per hour. THey are served on a first-come, first-ser..

Using the cannondale case evaluate each of porters : Using the Cannondale case evaluate each of porters five forces and then using deduction determine how Cannondale as well as a firm considering entry into the industry would manage each of the forces. Determine relevant aspects of each in the bicycle ..

Determine the effectiveness of these efficiency measures : Efficiency is a critical element both in terms of individuals and machinery in any business. Describe some efficiency measures that you would implement in your grocery delivery business. What are the analysis tools that you would utilize to determine..

Use differing inventory control models : The grocery chains that you are planning to partner with use differing inventory control models. Company A utilizes the Just-in-Time (JIT) inventory control model and Company B uses an Economic Order Quantity model. In reviewing your business plan, t..

What is average inventory carrying-holding cost for brakes : Best Bikes produces bicycles and buys brakes from a supplier in Japan. The brake set for one bicycle costs $125, and it is $35 to process the order with the supplier. What is the average inventory carrying/holding cost for the brakes?

About sewage contamination : According to the article posted on Moodle about sewage contamination on the Big Island of Hawaii, what was the minimum and maximum time it took for the sewage to reach the ocean?

The easiest-the most tempting : "The easiest, the most tempting, and the least creative response to conflict within an organization is to pretend it does not exist." Lyle E. Schaller Respond to the quote above. Do you agree or disagree? How could you have handled the situation more..

What are the ethical implications of federal minimum wage : What are the ethical implications of federal minimum wage? Who does it help and who does it harm? Does raising the current level of the minimum wage increase unemployment, drive business away, or harm the very poor? Will a higher minimum wage raise t..

User Account

All Pages