Question: You work in a service - based organization. A few employees have approached your management team with inventory concerns. The inventory program seems mismanaged and
You work in a servicebased organization. A few employees have approached your management team with inventory concerns. The inventory program seems mismanaged and could use a facelift. The previous manager was utilizing a revenue management approach in hopes that optimization was a possible outcome. Using the textbook or outside sources.
Think back to your problem statements. What inventory model does your organization use now? Is there a more effective model that should be considered? If so why?
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