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problem1. Distinguish between the internal and external customers of an organization.

problem2. Why is it important for an Inventory Manager to provide a satisfactory service level to his external customers?

problem3. Give three possible reasons and illustrate your answers appropriately.

problem4. describe the terms:

1) Inventory Management Policy

2) Inventory Management Techniques

problem5. How do these two terms differ mainly from each other?

problem6. Given: Normal usage per day = 120 units

• Maximum usage per day = 150 units

• Minimum usage per day   = 60 units

• Lead time: 25 to 30 days

find out the following control levels from the given data.

• Reorder level

• Minimum level

• Safety level

Management Theories, Management Studies

  • Category:- Management Theories
  • Reference No.:- M95960

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