Inventory Management

Inventory Management Scenario You have been tasked to manage the inventory at your company. Your boss thinks that inventory management is out of control, but he is not sure and wants you to perform some analysis of the inventory and provide him with some data. This chart lists your current stock, annual volumes, and unit […]

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Aggregate Plan Schedule

Aggregate Plan Schedule In the Module Overview, we stated that an “aggregate plan will include the quantity and timing of production for the intermediate future (typically 3-18 months ahead).” Some factors such as demand, pay rate, and the ability to use overtime or subcontract some of the production must be taken into consideration to keep […]

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