Discuss the importance of inventory control with respect to supply and demand.

Inventory Control Models

Answer the following questions:

  1. Discuss the importance of inventory control with respect to supply and demand.
  2. What benefit can tools such as ABC analysis and just-in-time controls provide for an organization?
  3. How can an enterprise resource planning system assist a firm with improving its business operations?

Your paper should reflect scholarly writing and current APA standards. Please include citations to support your ideas.

Grading Criteria Assignments Maximum Points
Meets or exceeds established assignment criteria 40
Demonstrates an understanding of lesson concepts 20
Clearly presents well-reasoned ideas and concepts 30
Mechanics, punctuation, sentence structure, spelling, APA formatting. 10
Total

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