Topic : Inventory Management – IKEA
Give a BRIEF introduction of the company
– Include what models/strategy they use for their inventory management (Economic Order Quantity – EOQ), (Economic PRoduction Quantity) etc.
– Include their strategy/method of restoring inventory e.g. When to order? (ROP) Re-order Point.
– Include a couple of forecasting that the company use.
– How are they so successful in effective INVENTORY MANAGEMENT?
– Include forecasting/inventory management charts and TABLES to illustrate if possible.
10-15 pages double spaced 12 font including computer outputs (tables,Charts,Graphs) if needed. Bibliography NOT INCLUDED. No minimum soucres.
