(1)Discuss inventory management models that have worked in an industry you are familiar with and opine as to significant reasons for their success.

Discuss which may be more critical for inventory control - timing or volume of inventory orders and why.

Support your opinion with a relevant example or reinforce your position(s) with applicable reference cite.

(2)With a long selling cycle, why are inventory valuation methods important as they relate to business or profit valuations?

Support your opinion with a relevant example or reinforce your position(s) with applicable reference cite.