iscom305 wk 2 dq's

Feb 3rd, 2012
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Course: axia college
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iscom305 wk 2 dq's 1. Describe inventory and provide some examples. How does inventory affect a firm’s financial performance? 2. What are the different types of inventories maintained by a typical business entity? What is the significance of inventory regarding customer service levels? What are some of your experiences with inventories from the customer service perspective? How would you improve those inventories? 3. What is the Economic Order Quantity technique and what are the basic assumptions the model formula follows? What are some different companies that could benefit from using this type of inventory management and why?

1. Describe inventory and provide some examples. How does inventory affect a firmsfinancial performance?2. What are the different types of inventories maintained by a typical business entity? Wha

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