Principles of Inventory Management
Principles of Inventory Management Read Chapter 8, pages 130-147. In a 3-5 page paper, please discuss the following: Distinguish among cycle, safety, pipeline, and speculative stock. Define what is meant by inventory carrying costs, and list its primary components. What are ordering costs, and what is the trade-off between inventory carrying costs and ordering costs? Distinguish between a fixed order quantity and fixed order […]