problem 1:

Discuss and describe (4) four approaches to location of inventories. prepare down the benefits and shortcomings of each approach.

problem 2:

Make a distinction between obsolete, unserviceable and redundant items and discuss and describe the preventive measures that may be taken.

problem 3:

Compare and contrast the two (2) main stock replenishment systems. Identify the merits and limitations of each system

problem 4:

“The annual cost of holding inventory can be as high as 26 % of purchase price”. Do you agree with this statement? Discuss and describe.

problem 5:

Describe and discuss the basic security measures which should be taken to prevent theft and pilferage in a warehouse.