Ensuring customer demand is met in a timely manner, means an organisation must invest in sufficient stock of the products they sell (contributing to the costs of the operation); insufficient stock on the other hand, will lead to various adverse consequences. Discuss in detail, this common business issue of controlling inventory management costs whilst maintaining availability. Key Marking criteria will include: - The students' ability to present a balanced, well-argued discussion. - Evaluation of the use of academic journal papers. - Insightfulness of Analysis: Interest and usefulness of findings, conclusions drawn. - Understanding: Assignment demonstrates students have understood how the key relevant topics of forecasting, inventory management and aggregate/capacity planning interrelate in organisational decision-making. - Overall quality of the assignment