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Do we lack Quality inspection and Inventory store-bought YES Buy from Grocery ingredients? store.

Do we lack Quality inspection and Inventory store-bought YES Buy from Grocery ingredients? store.

Practical Management Science
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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Explain problem areas in inventory management. The problems are circled in the flowchart below:
Start End End Do we lack Quality inspection and Inventory Contact suppliers about wrong order Quality inspection and Inventory Buy from Grocery store-bought - YES - ingredients? store. received. count. count. Do we lack supplier-based ingredients? (L.e. Are the goods the right Coordinate with - NO- Inventory count. other suppliers. Coffee beans) order? Were we able to Coordinate with - NO. coordinate with Did we Suppliers. a supplier? NO receive the goods? Place order / Prepare necessary Follow-up on order. Discuss documents. terms w/ supplier. miro Middle-level Supplier #1 Middle-level Lower-level Inventory Management Management Management
Transcribed Image Text:Start End End Do we lack Quality inspection and Inventory Contact suppliers about wrong order Quality inspection and Inventory Buy from Grocery store-bought - YES - ingredients? store. received. count. count. Do we lack supplier-based ingredients? (L.e. Are the goods the right Coordinate with - NO- Inventory count. other suppliers. Coffee beans) order? Were we able to Coordinate with - NO. coordinate with Did we Suppliers. a supplier? NO receive the goods? Place order / Prepare necessary Follow-up on order. Discuss documents. terms w/ supplier. miro Middle-level Supplier #1 Middle-level Lower-level Inventory Management Management Management
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