Types of inventory system


Assignment:

Using your past experiences, the Library, corporate Web sites and other online resources, locate a firm that incorporates inventory management.

1. Identify the type of inventory system (fixed order quantity system, fixed order period system, or a hybrid system) it uses.

2. Indicate the type of inventory issues the firm has such as stock out costs, carrying costs, order quantity issues, safety stock and EOQ issue.

3. In your opinion, is their system appropriate for the firm's business? Why or why not?

 

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Business Management: Types of inventory system
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