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Mba/550 Managing Inventory In A Supply Chain Worksheet Assignment
Essay specific features
Written by:
Margaret V
Date added:
May 2, 2015
Level:
University
Grade:
A
No of pages / words:
3 / 569
Was viewed:
5816 times
Rating of current essay:
Essay content:
By using JIT inventory systems, Kuiper Leda can produce the needed products and save inventory through carrying costs. Inventory control will be essential to Kuiper Leda success. "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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589, 2005)
Forecasting and time series analysis
In order to meet customer demand, Kuiper Leda should forecast the needed changes in the production process. Forecasting is vital for Kuiper Leda since it will enable the management team to make sound decisions regarding products, schedules, staffing, and production...
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