How does the Wilson approach optimize inventory levels, and what mathematical models are commonly used in its implementatio

Inventory management and demand planning at Dell The computer company Dell has long been seen as one of the most agile businesses in the industry. The success of Dell is in large part due to its highly responsive supply chain, which is capable of building and delivering customized products in a matter of days with minimal inventory. Dell’s ability to operate a build-to-order strategy is based partly on the modular design of many of their products but more particularly on a very high level of synchronization with their suppliers. There is a high level of visibility across the Dell supply chain with suppliers receiving information on Dell’s order book every two hours. Ahead of this information, suppliers are provided with capacity forecasts from Dell to enable them to produce at a rate that is planned to match actual demand. Each of Dell’s factories is served from a ‘vendor hub’, operated by third- party logistics service providers, the purpose of which is to keep a buffer of inventory…

1. Determine the inventory order quantity for Diamant’s distributor.2. Compare the optimal order quantity with a seasonally adjusted forecast for demand. Doesthe order quantity seem adequate to meet the seasonal demand pattern for Diamonds(i.e., is it likely that shortages or excessive inventories will occur)?

How does inventory affect a firm’s financial performance? Explain the importance of inventory, types of inventories, and key decisions and costs.

What does a decrease in inventory days tell us?

Describe the key principles of the Wilson approach in inventory management.

Discuss why inventory difficulties are so widespread and what basic insight inventory models provide?

Genchev Industries conducts an ABC analysis of its inventory and develops the following table from its findings. Item Annual Usage Unit Cost Dollar Usage 1 9,960 $43.20 $430,272 2 3,362 $22.80 $76,654 3 8,332 $9.90 $82,487 4 3,074 $22.30 $68,550 5 2,968 $8.40 $24,931 6 4,195 $25.00 $104,875 7 4,536 $19.20 $87,091 8 9,538 $65.60 $625,693 9 3,484 $3.20 $11,149 10 10,232 $5.70 $58,322   Which of these items is a C item?   a. Item 8   b. Item 6   c. Item 5   d. Item 1

Define the term "inventory turn" and discuss why it is an important indicator of an organization’s profitability. Give an example of an item that would have a fast turn and a slow turn.

Please help me with show all calculation thanku