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Question: 1. How should a manager decide the appropriate service level for finished goods items? Should some items have a 100 percent service level?

2. What is the appropriate role of inventory turnover as a measure for evaluating the management of inventory? Under what circumstances is high turnover detrimental to a firm?

3. Suppose you are managing a chain of retail department stores. As a top manager, how would you measure the overall inventory management performance of each store? How would you use this information in your relationship with the individual store managers?

Operation Management, Management Studies

  • Category:- Operation Management
  • Reference No.:- M92750501

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