Quantitative Analysis Assignment: Inventory Control Models
Answer the following questions:
1. Discuss the importance of inventory control with respect to supply and demand.
2. What benefit can tools such as ABC analysis and just-in-time controls provide for an organization?
3. How can an enterprise resource planning system assist a firm with improving its business operations?
Your paper should reflect scholarly writing and current APA standards. Please include citations to support your ideas.
Insert some graphs or flowcharts or a real example to support and illustrate your points better.