Inventory, management assignment help

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Pneex9220

Business Finance

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My fellow classmate posted to the discussion board. I have to respond with 100 or more words. The original question that the discussion board is about is:

Compare and contrast the different inventory management techniques and discuss how each technique might play a role within different healthcare organizations.

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19 hours ago CH 10 DB The first inventory management technique is the first in first out technique. This is when the first item to go in is also the first item to go out. This could help in a healthcare setting because if there are things that could go out of date, such as medicines or something, there will be less of a chance of it going bad. The second method is called the last in first out method. This method is where the last item put in inventory is the first taken out. This method could work for gloves or any supplies you would use often in a healthcare setting. The last technique is specific identification. This is when the actual cost of each item is included and is used when there are high cost items in a healthcare setting. Reply Whitney Hammock 18 hours ago RE: CH 10 DB e w] 11:31 AM 3/25/2017 + gold FZ F8 INS SCROLL LOCK PO ENC F10 F11 F12 DEL HOME SSV ģ 6 & 7 8 ( 9 ). o ó BACK SPACE NUN LOCK Y U o P 7 HON
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Student’s name1
Student’s name
Professor’s name
Course
Date
Inventory
There are many types of inventory techniques. They would be able to stipulate the final
performance of the organization and the general output of investment.
Hedge
This form of inventory is used to show the form of inflation and against the prices that are in ...


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