How a 24 hour daycare uses inventory


Task:

Use a 24 hour daycare center profile and operating information.

Question 1: Identify how a 24 hour daycare uses inventory. What are three different inventories of products or supplies that the 24 hour daycare maintains?

Question 2: What do you think is the total amount of inventory on average that is maintained in comparison to the annual income of the company?

Question 3: What do you think are some key methods that 24 hour daycare could use to manage and track inventory, e.g. technology systems, and/or lean methods?

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Accounting Basics: How a 24 hour daycare uses inventory
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