• April 6th, 2016

Inventory planning and control

Paper, Order, or Assignment Requirements

questions:

1. Define what you think the five performance objectives (quality, speed, dependability, flexibility and cost) mean for an operation such as Flame Electrical.
2. What are the most important of these performance objectives for Flame Electrical?
3. What seems to influence the stock replenishment policy of Flame Electrical?
4. How does this differ from conventional economic order quantity theory?

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