OPERATIONS MANAGEMENT IN THE SUPPLY CHAIN: DECISIONS & CASES (Mcgraw-hill Series Operations and Decision Sciences)
7th Edition
ISBN: 9780077835439
Author: Roger G Schroeder, M. Johnny Rungtusanatham, Susan Meyer Goldstein
Publisher: McGraw-Hill Education
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Chapter 15, Problem 6DQ
Summary Introduction
To determine: The advantages of cycle counting over an annual physical inventory.
Introduction:
The annual physical inventory accounting requires the entire plant to be shut down for the day and all items comprising of raw materials, components, work in process, finished goods, maintenance spares and so on are counted and recorded. In cycle counting, a small subset of items is counted and recorded every day meticulously verifying the physical counting with records.
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Chapter 15 Solutions
OPERATIONS MANAGEMENT IN THE SUPPLY CHAIN: DECISIONS & CASES (Mcgraw-hill Series Operations and Decision Sciences)
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