CLASS -- this week our discussions will be focused on the operational side of what impacts supply chain. We'll also be linking it back to prior weeks' discussions. So..., who's going to lead off our discussion on this week? A). Based on the required reading material from the textbook, there are many costs associated with carry inventory. What are ordering costs, and what is the trade-off between inventory carrying costs and ordering costs?

B). REAL WORLD POST. Let's leverage the concepts from Part A and look at a current issue that some of us (if not all) may be currently impacted by. While this video is a year old, the economic impact of what's highlighted is still relevant today.

Based on your response to Part A and watching the 60 Minutes video: Lack of new construction and corporate landlords contributing to skyrocketing rent,

(i). What are all the SPECIFIC inventory costs Tricon Residential have to incur when they purchase homes in a new market? (ii). Which one of the inventory costs is the most impactful to Tricon Residential, and why? What evidence from the video support your response? (iii). What inventory costs is the most impactful at your company (or prior company)? (iv). What SPECIFIC concepts from Week 2 and from Week 4 align to a company's focus on inventory costs?