Operations Management: Processes and Supply Chains, 12th Edition

Learning Goals In Review

Learning Goal	Guidelines for Review	MyLab Operations Management Resources
Identify the advantages, disadvantages, and costs of holding inventory.	We cover these important aspects of inventories in the section “Inventory Trade-offs,” pp. 329–332. Focus on the pressures for small or large inventories and Figure 9.1.	Video: Inventory Management at Crayola
Define the different types of inventory and the roles they play in supply chains.	The section “Types of Inventory,” pp. 332–335, explains each type of inventory and provides an example in Figure 9.2. Example 9.1 and Solved Problem 1 show how to estimate inventory levels. Be sure to understand the distinction between independent and dependent inventories.	OM Explorer ...