ISCOM 305 Week 3 Taylor Incorporated
Inventory Management Challenge
Create a PowerPoint® presentation with 8 to 10 content slides (and speaker notes) about
inventory to present to the president of Taylor Inc. Complete the elements of inventory
management and the EOQ components of the presentation. Address the following
requirements:
a. Describe elements of inventory management.
b. Describe the meaning of the category of inventory and explain why it is critical to
manage each element.
c. Explain why accurate forecasting is so important to sales enhancement, customer
satisfaction, and cost control.
d. Calculate the number of units to purchase for the new distance measurement device
based on the economic order quantity.
e. Calculate the number of orders per year that must be made to take advantage of the
economic order quantity.
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www.assignmentcloud.comISCOM 305 Week 3 Taylor Incorporated
Inventory Management Challenge
Create a PowerPoint® presentation with 8 to 10 content slides (and speaker notes) about
inventory to present to the president of Taylor Inc. Complete the elements of inventory
management and the EOQ components of the presentation. Address the following
requirements:
a. Describe elements of inventory management.
b. Describe the meaning of the category of inventory and explain why it is critical to
manage each element.
c. Explain why accurate forecasting is so important to sales enhancement, customer
satisfaction, and cost control.
d. Calculate the number of units to purchase for the new distance measurement device
based on the economic order quantity.
e. Calculate the number of orders per year that must be made to take advantage of the
economic order quantity.
To purchase this material click below link...