ISCOM 305 Week 3:Taylor Incorporated Inventory Management Challenge

  1. Individual Assignment: Taylor Incorporated Inventory Management
    Challenge
  •  Create an 8- to 10-slide PowerPoint® presentation with 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:
  •  Describe elements of inventory management.
  • Describe the meaning of the category of inventory and explain why it is critical to manage each element.
  • Explain why accurate forecasting is so important to sales enhancement, customer satisfaction, and cost control.
  • Identify the number of units to purchase for the new distance measurement device based on the economic order quantity.
  • Identify the number of orders per year that must be made to take advantage of the economic order quantity.
  •  Complete information regarding the Inventory Management Challenge activity is found on the student Web page. Submit the deliverable in your Individual forum.
  •  Format your paper consistent with APA guidelines.

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