How does inventory carrying cost for inventory in transit differ from the cost of inventory at rest?
Answer to relevant QuestionsWhat is the difference between independent and dependent demand items? Why is this distinction important to inventory managers? What are the primary capabilities, advantages, and disadvantages of each of the basic modes? What are the primary capabilities, advantages, and disadvantages of direct distribution, DCs, and cross-docks? Why are most location decisions analyzed by a team of managers instead of a single person? What types of teams are suggested as being helpful to the task of logistics network redesign? Using the risk/value technique, categorize the importance of the following items for an automobile manufacturer: engine, tires, gasoline, paper for the employee newsletter, a uniquely designed and engineered muffler, and ...
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