MGT630 Inventory Management – Define inventory and discuss

Question

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MGT 630 CNUAS Inventory Management Questions

1 Define inventory and discuss why inventories are maintained. What are the Inventory Models you learned in chapter 11.

2 What is the difference between yield management and revenue management for service-based organizations? How can service companies carry labor inventory? Could there be a just-in-time labor model? What would that organization look like?

3 What metrics will you use in your paper? Why? What do they show to support your thesis?

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