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

Transforming inputs into outputs - productivity measures, Transforming Inpu...

Transforming Inputs into Outputs - Productivity Measures As will become clearer during the course of this chapter, a more quantitative definition of productivity cannot easily

Total operation system, critically discuss the total operation system, poli...

critically discuss the total operation system, policies and practices of an organization

Explain what key technological features of sap, What key technological feat...

What key technological features of SAP set it apart from conventional business accounting/planning/control software?

Selection of operations in an organisation, Selection of Operations in an O...

Selection of Operations in an Organisation In any organisation there will be very many operations which could be studied; this step of the procedure addresses the question - w

Explain could speed up a floor buffing machine, Consider this situation: Jo...

Consider this situation: Joseph had an idea that he could speed up a floor buffing machine by putting a different motor on it. After about 25 tries he was able to make a buffer run

The acronym sdlc relates to which cycle, The acronym SDLC normally relates ...

The acronym SDLC normally relates to It relates to system (or software) development lifecycle

Describe what the customer''s expectations, Explain what the customer's exp...

Explain what the customer's expectations are concerning the salesperson's attitude toward competition

Explain why do reporting systems increase the risk, Why do reporting system...

Why do reporting systems increase the risk of semantic security problems?

Alternative control chart constructions, Alternative Control Chart Construc...

Alternative Control Chart Constructions In this treatment of the subject, description has been of charts with both warning and action limits, and these limits calculated with

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