Lean Inventory Management

Lean Inventory Management

1. Why do you think lean inventory management can decrease transportation, capital expenses, and inventory storage?


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2. List some products in your personal or family “inventory.” How do you manage them? (For instance, do you constantly run to the store for milk? Do you throw out a lot of milk because of spoilage?) How can lean inventory change your way of managing these SKUs?


3. Identify a goods-producing or service-providing organization and discuss how it might make aggregate planning decisions.


4. Provide an argument for or against adopting a chase strategy for a major airline call center.