What are the various managing inventory tools, Operation Management

Assignment Help:

Q. What are the various managing inventory tools?

Raw material

Materials and elements used to assemble or manufacture finished goods.

Work-in-progress

Incomplete finished goods as like finished goods that require more work before that they can be sold to customers.

Finished goods

Completely or wholly manufactured goods ready for sale.

Consumables

Disposable elements or materials used for the production as like lubricants or cleaning material for disposable, machines equipment or tools.


Related Discussions:- What are the various managing inventory tools

Explain monitor and report project progress, How can the project baseline a...

How can the project baseline and the earned value approach for variance analysis be used to monitor and report project progress?

Explain linking purchasing to the corporate strategy, Q. Explain linking pu...

Q. Explain linking purchasing to the corporate strategy? Linking purchasing to the corporate strategy Wording of Professor Paul Cousin about, supply chain management is as r

Mba program has a high emphasis on ethical decision, Why do you think the c...

Why do you think the capstone course for the MBA program has a heavy emphasis on ethical decision making?

Time lag effects - operations function, Time Lag Effects - Operations Funct...

Time Lag Effects - Operations Function Feedback control in complex systems can bring its own problems, due to time lag between measuring the output deviation and realising the

Explain supply managers have impact on economic trends, Why does the collec...

Why does the collective behavior of supply managers have such an impact on economic trends?

Explain employment eligibility, Prospective employers can conduct a credit ...

Prospective employers can conduct a credit check along with a background check to determine employment eligibility. Do you feel this is good business practice or an invasion of pri

Explain what are the factors that must be considered, In this fast paced an...

In this fast paced and complex environment, many companies are finding they cannot do it alone. An effective supply chain of partners is becoming more and more of a necessity. Let'

Explain what are the disadvantages of nucor''s choice, Instead of a separat...

Instead of a separate performance appraisal system, Nucor judges performance based on bottom line of quality, productivity, and profitability. What are the disadvantages of Nucor's

Compute present value of cash flow stream by interest rates, Calculate the ...

Calculate the present value of the cash flow stream in problem 2 with the following interest rates- 1. Year 1 = 8% 2. Year 2 = 6% 3. Year 3 = 10% 4. Year 4 = 4% 5. Year 5 = 6% 6. Y

What is an operation setback chart, An operation setback chart _____. is...

An operation setback chart _____. is based on lead times that typically include move and queue times and indicates a schedule for when to make a part. is a schedule for when

Write Your Message!

Captcha
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