The automotive service association is a leading, Ask an Expert

Management Studies

The Automotive Service Association is a leading organization for owners and managers of automotive services businesses. Go to the association's website and read the article on improving inventory control by Rick Lavely. It can be found at http://www.asashop.org/autoinc/march/invntctr. htm. Lavely discusses different ways an auto shop can determine inventory profitability.

a. According to the article, how can an owner/ manager determine the cost to order? What does cost to order imply for selling parts from inventory?

b. At the end of the article, the author gives five basic rules for inventory control. List these rules. Do you agree that they are good rules to live by?

View complete question

Management Theories, Management Studies

Category:- Management Theories
Reference No.:- M92195027

Have any Question?Write your Review or question?

Related Questions in Management Theories

Each of 30 teams in a league has a demand for generic

Each of 30 teams in a league has a demand for generic advertising of Q = 260 - 4P. Price is measured in thousands of dollars. Ads cost $510,000 each. How many ads will the teams want to purchase as a group?

Team projectprepare an evaluation of quality within the

Team Project Prepare an evaluation of quality within the organization chosen by the team Use information learned in this course and in prior courses in statistics or quantitative methods, apply the appropriate tools to f ...

Archetypes in actionsenge ross smith roberts amp kleiner

Archetypes in Action Senge, Ross, Smith, Roberts, & Kleiner (1994) noted: At its broadest level, systems thinking encompasses a large and fairly amorphous body of methods, tools, and principles, all oriented to looking a ...

Show your work i already have my own answer and am trying

Show your work! I already have my own answer, and am trying to compare for accuracy. Graph needs to be included. Most graduate schools of business require applicants for admission to take the GMAT, the Graduate Managemen ...

Assignment -instructions - please follow instructions for

Assignment - Instructions - Please follow instructions for all for Personal Learning Journal. And each personal learning journal should be of 300words. Each student will keep a personal journal to reflect and record thei ...

Describe how government-supported big business during the

Describe how government-supported big business during the Reagan Era effected the U.S. economy and labor unions.

Identify three reasons that a project can fail explore each

Identify three reasons that a project can fail, explore each of the reasons, propose a solution that will eliminate the problem and turn the initiative into a success. Use a minimum of two peer reviewed sources. The work ...

A surgical technique is performed on nine patients you are

A surgical technique is performed on nine patients. You are told there is 70% chance of success. Find the probability that the surgery is successful for exactly 6 patients.

Watch the lynda video wayne winston on analyticswrite a 4-

Watch the Lynda video, "Wayne Winston on Analytics." Write a 4- to 5-page proposal to your current or previous company's executives discussing how analytics can be used in your company to improve sales through your retai ...

Assignment -for this assignment analyze and discuss your

Assignment - For this assignment, analyze and discuss your personal leadership style. Based on your experiences, current readings, work experience, education, and use of self-assessment instruments describe what you thin ...

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

Recent Questions

Ask Management Theories Expert