Discussion Post: Business Operating Management
• Define inventory and discuss why inventories are maintained. What are the four Inventory Models?
• 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?
• What metrics will you use in your paper? Why? What do they show to support your thesis?
The response should include a reference list. One-inch margins, Using Times New Roman 12 pnt font, double-space and APA style of writing and citations.