term1 Definition1term2 Definition2term3 Definition3
Please sign in to your Google account to access your documents:
BUS 307 Week 4 DQ 2 JIT EOQ ROP Interrelationships
http://www.homeworkmye.com/product/bus-307-week-4-dq-2-jit-eoq-rop-interrelationships
JIT/EOQ/ROP Interrelationships. 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; andd. 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.
Need help typing ? See our FAQ (opens in new window)
Please sign in to create this set. We'll bring you back here when you are done.
Discard Changes Sign in
Please sign in to add to folders.
Sign in
Don't have an account? Sign Up »
You have created 2 folders. Please upgrade to Cram Premium to create hundreds of folders!