MBA550 Managing Inventory in a Supply Chain Worksheet

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Issue:

Business

 

Written by:

Cory K

 

Date added:

May 6, 2013

 

Level:

University

 

Grade:

A

 

No of pages / words:

3 / 813

 

Was viewed:

1070 times

 

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Essay content:

The company is experiencing an increase in demand for their products. Kuiper Leda can produce the product and save inventory carrying cost by using a just-in-time inventory management process. Inventory control will be essential to Kuiper Leda. "Just-in-time manufacturing uses classical production ?consumption inventory designed to integrate activities to achieve high-volume, high-quality production using minimal inventories of raw materials, work-in-process, and finished goods...
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"Just-in-time manufacturing uses classical production ?consumption inventory designed to integrate activities to achieve high-volume, high-quality production using minimal inventories of raw materials, work-in-process, and finished goods." (Chase, Jacobs, Aquilano, p. 589, 2005) Forecasting and time series analysis Kuiper Leda needs to be able to forecast the needed changes in the production process in order to meet customer demand...
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