The Advantages of Just-In-Time Inventory?

Answer Just-in-time manufacturing allows companies to keep their inventories lean. In traditional production processes, inventory is ordered in advance and excess amounts of raw materials and finished goo... Read More »

Top Q&A For: The Advantages of Just-In-Time Inventory

The Advantages of Inventory Control in Health Care Organizations?

Inventory control systems have been widely used by retail businesses to control product losses due to theft and to keep store shelves well-stocked. Health-care organizations benefit from deploying ... Read More »

I need to do an inventory simulation on excel that considers lead time, any suggestions?

There is a PDF document that might be of assistance, and shows the layout of an MS-Excel worksheet. It is at this location: http://… There is another PD... Read More »

What Are the Advantages of a First-Time Home Owner?

If you're buying a home for the first time, you may feel anxious and unsure about this decision. But a first-time homeowner has a number of advantages that veteran buyers do not. Once you learn of ... Read More »

The Advantages of PERT Slack Time?

A PERT chart, or chart based on a project evaluation and review technique, shows which activities are critical in determining the earliest completion date for a project. The duration of other activ... Read More »