Part 1

1. Employees are said to be the greatest source of security threats to the firm. Why? How are they vulnerable? Give some examples.

Part 2

1. What type of inventory do we have in a company (including "further breakdown"

2. Discuss "inventory and the value chain and the inventory management

3. List the requirements for effective inventory management, Present inventory counting systems and classification system

4. Analyze EOQ Models, How much to order ? Please discuss also an example.

5. What is EPQ ? Which one of the Inventory Formulas do you think is the most important and why? What is the formula.

6. Discuss the safety stocks. As an operation manager how can you approach the safety stock for "face masks" need it now due to corona virus versus people & hospitals & business & employees?

7. A mail-order house uses 18,000 boxes a year. Carrying costs are 60 cents per box a year, and ordering costs are $96. The following price schedule applies. Determine the optimal order quantity.