Dr Nick

(3)

$14/per page/Negotiable

About Dr Nick

Levels Tought:
Elementary,Middle School,High School,College,University,PHD

Expertise:
Art & Design,Computer Science See all
Art & Design,Computer Science,Engineering,Information Systems,Programming Hide all
Teaching Since: May 2017
Last Sign in: 248 Weeks Ago, 6 Days Ago
Questions Answered: 19234
Tutorials Posted: 19224

Education

  • MBA (IT), PHD
    Kaplan University
    Apr-2009 - Mar-2014

Experience

  • Professor
    University of Santo Tomas
    Aug-2006 - Present

Category > Business & Finance Posted 17 Sep 2017 My Price 13.00

a hardware store that carries thousands of different items.

You run a hardware store that carries thousands of different items.  You have begun to realize that you are spending a great deal of resources (Time, Labor, Space, Money) managing your inventory and decide that it is time to take a closer look at your inventory situation.  Please discuss the following items that you feel are important to understanding and managing your inventory situation.

  1. What are the types of cost that might be associated with your inventory?
    1. Carrying Costs
    2. Procurement Costs
    3. Out of stock Costs
  2. Which of the three main Inventory philosophies (Push, Pull, JIT) do you feel would be most beneficial to your situation? (Please explain why)
  3. What are some of the reasons that you would like to build up, or reduce, the inventories in your store? (Please explain why.)

    Assignment Objectives

    Interpret the key concepts of supply chain management (SCM)

    Evaluate distribution network design in a supply chain

    Assess aggregate planning and product variety management

    Differentiate inventory management: deterministic and stochastic; multiperiod and multi-echelon

    Assess strategic alliances and outsourcing strategies

    Evaluate supply chain coordination and contracts, customer value, and supply chain management

Answers

Dr Nick
(3)
Status NEW Posted 17 Sep 2017 04:09 AM My Price 13.00

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