(See related pages)
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Explain why businesses carry inventory. |
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Describe the costs associated with inventory. |
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Compare independent and dependent demand inventory. |
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Calculate days-of-supply. |
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Explain how a reorder point system works. |
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Describe the contribution made by a safety stock. |
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Compute the reorder point for a desired service level. |
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Make computations for the economic order quantity models. |
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Describe weaknesses of the economic order quantity. |
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Compute the appropriate order quantity for a fixed interval, variable quantity system. |
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Describe the information inputs necessary to manage dependent demand inventory. |
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Compute planned order releases using material requirements planning. |
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Explain ABC analysis. |
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Compute dollar days for a given inventory. |