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Mba/550 Managing Inventory In A Supply Chain Worksheet Assignment

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Title: Mba/550 Managing Inventory In A Supply Chain Worksheet Assignment

Essay Details:

Subject: Business

Author: Tiffany O

Date: June 24, 2015

Level: University

Grade: A

Length: 2 / 569

Essay text:

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." (Chase, Jacobs, Aquilano, p. 589, 2005) Forecasting and time series analysis In order to meet customer demand, Kuiper Leda should forecast the needed changes in the production process...

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