Ask Question, Ask an Expert

+1-415-315-9853

info@mywordsolution.com

Ask Management Theories Expert

problem 1:

a) Describe the given terms and give an appropriate illustration for each:

• Inventory.
• Inventory Policy.
• Inventory Management Technique.

b) Demand for inventory can be categorized as dependent or independent type:

• Describe the meaning of each kind of demand.
• How would you ascertain the future needs for dependent and independent demand items?

c) The Inventory Manager of an organization is responsible, among others, for giving stationery items to the internal customers of the entity.

• Which Inventory Policy must the manager opt in this case?
• Describe the meaning of the Inventory Policy opted by Inventory manager.
• Why is it significant for an Inventory Manager to give a satisfactory service level to his internal customers? Give three possible reasons and describe your answers suitably.

d) Describe in brief how the given Inventory Management performances can be measured:

• Inventory Service Level
• Customer Satisfaction

problem 2:

a) describe two potential advantages and two possible drawbacks of a Just In Time (JIT) supply system.

b)

• List two known versions of Just In Time (JIT) Supply
• State in brief what each version means.

Management Theories, Management Studies

  • Category:- Management Theories
  • Reference No.:- M96084

Have any Question? 


Related Questions in Management Theories

Case study - centralised distribution at

Case Study - Centralised distribution at Nike  'centralised and specialised, but not standardised Nike has a central customer service centre (distribution centre) located at Laakdal in Belgium. The centre is 200,000 squa ...

Management and organisational behaviour case study report

MANAGEMENT AND ORGANISATIONAL BEHAVIOUR CASE STUDY REPORT ASSIGNMENT- Assessment Summary and Purpose- The case study analysis report is a group assignment intended to assess students' ability to identify, understand and ...

Task - use this template to prepare the project report on

Task - Use this template to prepare the project report on the following topic: Define the key terms, answer the questions posed, and provide atleast two external resources related to this topic. Remember to include the e ...

Task-you have recently been promoted into the role of head

Task- You have recently been promoted into the role of head of communications for a publically listed company. Your first assignment in the role is to develop a communication plan for the launch of (new product) an innov ...

Additional assessment item - essayyou will be required to

Additional Assessment Item - Essay You will be required to write a 3000 word essay as follows: Drawing on information from an organisation with which you are familiar, (a) analyse and evaluate a selection of relevant man ...

Mmh349 employment relationsassessment task ndash 2ndword

MMH349 Employment Relations Assessment task – 2nd Word length: 3,000 words (plus or minus 10 per cent, excluding the reference list) Enterprise agreements are greatly encouraged under the Fair Work Act 2009, such that th ...

Textbook requirements - stone r j 2013 managing human

Textbook requirements - Stone, R J. 2013, Managing Human Resources, 4th edn, Wiley, Milton. Learning Outcomes- 1. Identify the different approaches to the study and practice of employment relations. 2. Recognise the rela ...

Based on your learning teams earlier work your departments

Based on your Learning Team's earlier work, your department's forecasting recommendation has made vast improvements to the Hangzhou, China on-time deliveries. However, the company president has concerns the resin invento ...

Literature review- read the two below literatures and find

Literature Review - Read the two below literatures and find the result of the literature (summary) and Critique of the research/research gap. - Write the summary and the critique for each paper. Each page around (160 wor ...

Change managmentthe purpose of this assignment is to

Change Managment The purpose of this assignment is to provide an account in narrative form of your experience conducting your second team development session. You will describe the exercise you chose, how it relates to a ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

A cola-dispensing machine is set to dispense 9 ounces of

A cola-dispensing machine is set to dispense 9 ounces of cola per cup, with a standard deviation of 1.0 ounce. The manuf

What is marketingbullwhat is marketing think back to your

What is Marketing? • "What is marketing"? Think back to your impressions before you started this class versus how you

Question -your client david smith runs a small it

QUESTION - Your client, David Smith runs a small IT consulting business specialising in computer software and techno

Inspection of a random sample of 22 aircraft showed that 15

Inspection of a random sample of 22 aircraft showed that 15 needed repairs to fix a wiring problem that might compromise

Effective hrmquestionhow can an effective hrm system help

Effective HRM Question How can an effective HRM system help facilitate the achievement of an organization's strate