BSOP 330 Week 4 Discussions,Lab and Case Study
Week 4 DQ 1
Inventory Management (Graded)
What is inventory management? Is inventory management really any more than just counting what is available in the warehouse and reporting that to operations? It’s a matter of buying more when you are short, and holding what you have for an emergency, right?
Week 4 DQ 2
Inventory Models (Graded)
Choose one of the inventory models (either from the independent demand section or the dependent demand section), and explain why that model works in certain situations and not in others. Do we really need this many different ways to count widgets? How do costs come into play in such planning decisions?
What is the difference between independent and dependent demand?
Inventory control models assume that demand for an item is either independent of or dependent on the demand for other items. For example, the demand for refrigerators is independent of the demand for toaster ovens. However, the demand for toaster oven components is dependent on the requirements of toaster ovens.
Week 4 Assignment:
BSOP330 Week 4 Lab Assignments Chapter 12, problems 12.1, 12.5, 12.9, 12.15
BSOP330 Week 4 Southwestern Case study Printing companies Programs and Inserts
Week 4 Quiz
- Question : (TCO 12) Which of the following statements regarding Amazon.com is false?
- Question : (TCO 12) Which of the following is a function of inventory?
- Question : (TCO 6) Which of the following statements regarding the production order quantity model is true?
- Question : (TCO 6) The purpose of safety stock is to
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