ops400 discussion forum 250 words 2 apa citations 2



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Module 8: Discussion Forum

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Select one of the key concepts from the list below for your Discussion response. Be sure to identify the name of the organization.

  • Discuss how to conduct an ABC analysis for one or more inventory items for your selected organization.
  • Justify the use of the EOQ model for independent inventory demand. Explain the differences that exist between using the EOQ model at a product-based business (i.e., sells a physical, tangible product), and a service-based business (i.e., sells a service, which has no physical or tangible product).
  • Explain how to compute a reorder point and describe safety stock. If the material for the product is shipped across oceans, how would that influence the safety stock?
  • Contrast the differences between service levels and probabilistic inventory models in the context of your organization.