supply chain management

Write a short summary, 250 words.
Use APA format 12 point Times New Roman, double spaced.
What three things you learned from the chapter.
Book: “Principles of Supply Chain Management: A Balanced Approach, 3rd Edition”
Chapter 7: Inventory Management.
The most expensive, sophisticated software package will not automatically result in anoptimal level of inventory for an electrical wholesaler.‘Optimal’means a high level ofcustomer service and inventory turns, but with low inventory investment. To achieveand maintain an optimal level, employees educated in the principles of effectiveinventory management must understand how to set certain parameters; then set themand keep them set right. 
Objectives After completing this chapter, you should be able to
•Distinguish dependent from independent demand inventories.
•Describe the four basic types of inventories and their functions.
•Understand the costs of inventory and inventory turnovers.
•Understand ABC classification, ABC inventory matrix and cycle counting.
•Know RFID and how it can be used in inventory management.
•Understand the EOQ model and its underlying assumptions.
•Understand the Quantity Discount and the EMQ Models and their relationshipswith the basic EOQ model.
•Understand and be able to distinguish among the various statistical ROP models.
•Understand the continuous review and periodic review systems.

Place your order
(550 words)

Approximate price: $22

Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
$26
The price is based on these factors:
Academic level
Number of pages
Urgency
Basic features
  • Free title page and bibliography
  • Unlimited revisions
  • Plagiarism-free guarantee
  • Money-back guarantee
  • 24/7 support
On-demand options
  • Writer’s samples
  • Part-by-part delivery
  • Overnight delivery
  • Copies of used sources
  • Expert Proofreading
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

Our guarantees

Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.

Money-back guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

Read more

Zero-plagiarism guarantee

Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.

Read more

Free-revision policy

Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.

Read more

Privacy policy

Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.

Read more

Fair-cooperation guarantee

By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.

Read more
Open chat
1
You can contact our live agent via WhatsApp! Via + 1 (409) 205-8984

Feel free to ask questions, clarifications, or discounts available when placing an order.

Order your essay today and save 30% with the discount code GURUH