Back to Search
Ashford
Operations management & quantitative techniques
week 4
BUS 307 Week 4 DQ 2 IT EOQ ROP Interrelationships

BUS 307 Week 4 DQ 2 IT EOQ ROP Interrelationships

Short description

From the end of Chapter 14, answer Discussion Question 6: The just-in-time (JIT) movement has long argued that firms should

a. Maximize their process flexibility so that ordering costs are minimal;
b. Stabilize demand levels;
c. Shrink lead times as much as possible; and
d. Assign much higher holding costs to inventory than has traditionally been the case.

Using the economic order quantity (EOQ) and reorder point (ROP) formulas, explain how such efforts would be consistent with JIT’s push for lower inventory levels. Respond to at least two of your classmates’ postings.

Document preview
Image Preview
Image Preview
Back to Search
Couldn’t find your assignment?
human

Related Homeworks

Couldn’t find your assignment?

Send your Email and our manager
will help you find the right solution
Live Chat
+18882805042 copy number
FB Messenger