Question
You are the operations manager of a small electrical distribution company. Currently, your organization manages the inventory in through a Fixed-Time Period Model, which involved
You are the operations manager of a small electrical distribution company. Currently, your organization manages the inventory in through a Fixed-Time Period Model, which involved monthly counts of hundreds of types of electrical components. In your operations management class, you learned about the benefits of Fixed-Order Quantity Models. You feel this would a big benefit to the company and would help in growing operations. A Fixed-Order Quantity Model costs about $50K but you feel it will pay for itself easily. The company owner isnt quite so sure. Come up with a plan to convince the owner to make the jump to a Fixed-Order Quantity inventory system.
250 word minimum
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