Inventory Management Methods | ESSAY

M5 A2

March 13, 2018

Discussion 2

March 13, 2018

Inventory Management Methods

Please clearly label each response in your

 

  1. Do you think it is possible to use the methods described in the course to manage inventory using only manual processes?  
  2. Do you think any one of the methods described this week (order point, EOQ, min/max, etc) offer better control than the others?  Do any of these methods offer a process that will meet customer demand reliably?
  3. Do you work with inventory? If so (and remember, we are all consumers, so to a degree we all work with inventory), please use an example from your own experience to illustrate how inventory management affected your experience.

 

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