Discussion Post: Business Operating Management
o Define inventory and discuss why inventories are maintained. What are the four Inventory Models?
o What is the difference between yield management and revenue management for service based organizations? How can service companies carry labor inventory? Could there be a just-in-time labor model? What would that organization look like?
o What metrics will you use in your paper? Why? What do they show to support your thesis?
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.