Write the importance of inventory management

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Reference no: EM132924329

1. What is logistics? State with examples from real life and explain the functions of logistics with the help of those examples.

2. Find from the Internet the meaning of Inbound and Outbound Logistics. Write a short process of inbound-outbound logistics for 1 end- product at your nearest retail outlet where you are working/staying. Provide a photo of the retail outlet.

3. Raw teakwood is to be exported from Malaysia to India in bulk. Which mode of transport would you recommend? Write ONE advantage and ONE disadvantage of the mode.

4. Briefly write the importance of inventory management for a soft drink product that you are familiar with. Provide the photo of the product.

5. Develop a simple calculation for an aggregate production planning for a product of your choice. The period must be 8. Interpret the result.

6. From the Internet, why freight forwarder is important in business?

7. How do you interpret the formula of Economic Order Quantity (EOQ)? Explain.

8. Distinguish between quality control and quality assurance with your own suitable examples.

9. Write one short article about "National Cohesion" from the perspective of rail transport in your country.

10. Examine the features of safety measures on parcel loading activities at one airport of your choice.

 

 

Reference no: EM132924329

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Write the importance of inventory management : 1. What is logistics? State with examples from real life and explain the functions of logistics with the help of those examples.
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