In your own words, explain the differences and relationships between the aggregate inventory categories. Using a product you are familiar with, identify the independent demand ite
150 words
- In your own words, explain the differences and relationships between the aggregate inventory categories.
- Using a product you are familiar with, identify the independent demand item and the dependent demand items for that product.
- Discuss the differences between the operational inventories?
- Discuss when each of the following replenishment strategies are applicable
i. EOQ
ii. Reorder point system
iii. Periodic review system</p> - Discuss how the sales plan and operations plan are developed through the S&OP process. Consider the inputs to each and how they are linked. What is the significance of the S&OP?
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