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picture1_Slideshare Management 77199 | Ch12 Item Download 2022-09-03 00-38-03


picture2_Slideshare Management 77199 | Ch12 Item Download 2022-09-03 00-38-03 picture3_Slideshare Management 77199 | Ch12 Item Download 2022-09-03 00-38-03

 136x       Filetype PPT       File size 2.07 MB       Source: faculty.fairfield.edu


File: Slideshare Management 77199 | Ch12 Item Download 2022-09-03 00-38-03
Learning Objectives 2 Discuss basic inventory principles. Describe inventory management objectives. Explain the relevant inventory costs. Explain the ABC inventory classification model. Discuss inventory record accuracy. Calculate order quantities. Calculate ...

icon picture PPT Filetype Power Point PPT | Posted on 03 Sep 2022 | 2 years ago
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...Learning objectives discuss basic inventory principles describe management explain the relevant costs abc classification model record accuracy calculate order quantities appropriate safety stock level periodic review approach copyright john wiley sons inc types of comes in many shapes sizes raw materials purchased items or extracted transformed into components products parts subassemblies used final product work process throughout plant finished goods sold to customers distribution system cont d how manufacturers use anticipation seasonal for future demand fluctuation reserve buffer fluctuations lot size cycle take advantage quantity discounts purchasing efficiencies transportation pipeline speculative hedge protects against some event e g labor strike price increase maintenance repair and operating mro inventories hand tools lubricants supplies service organizations achieving good control may require following select train discipline personnel maintain tight over incoming shipments ou...
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