Description
View the video, Understanding and Optimizing Inventory in Supply Chains, at https://www.youtube.com/watch?v=Fp60MC-PRag. Prepare an abstract of this video, following the Abstract Format & Requirements
Abstract Requirements
- Include a cover page and APA requirements for all assignments.
- Typed, double spaced, 2 pages (no more than 2 pages!)
Student Name, date, and abstract number
APA citation of the article
Summary: (Bold & Underline)
One or two paragraphs giving a brief overview of the article.
Reaction: (Bold & Underline)
One or two paragraphs giving your personal opinion on the subject; what you thought of the article.
Application: (Bold & Underline)
One or two paragraphs explaining how you can use this information, or how you have used it the past, professionally or personally.
Note: Use articles that are related to Statistical process improvement and how the concepts, tools, or techniques can be used to affect, implement, or develop increased productivity or quality improvement.
Explanation & Answer
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Running head: INVENTORY IN SUPPLY CHAINS
1
Understanding and Optimizing Inventory in Supply Chains
Institution Affiliation
Abstract Number
Name
Date
INVENTORY IN SUPPLY CHAINS
2
Understanding and Optimizing Inventory in Supply Chains
Summary
The article is all about ways on how it is much importance to be able to understand and at
the same time, be able to optimize inventory in supply chain. Therefore, through the analysis of
doctor Amar and Doctor Donald Ratliff, there is the inclusive assessment of the nature of
inventory in relation with supply chains. Concerning the authors, inventory is the law materials
and the finished and unfinished goods that have yet not be sold by the company.
Inventory is much importance because it helps in underst...