To be competitive, many fast-food chains expanded their menus to include a wider range of foods. Although contributing to competitiveness, this has added to the complexity of operations, including inventory management. In what ways did the expansion of menu offerings create a problem for inventory management? One form of inventory is safety stock, which is primarily carried by companies to ensure a variety of products is available at all times. However, safety stock ties up capital and hinders cash flow.

Using the Argosy University online library resources and the Internet, research safety stock.

Then respond to the following:

  • As a manager, what recommendations could you provide to reduce inventories as it relates to safety stock?
  • What parameters would lead you to believe that (a) large safety stock, (b) small safety stock, and (c) zero safety stock would be advantageous for the organization? Be sure to provide examples and data in support.

After your initial post, discuss the following:

  • What are some of the ways in which a company can reduce the need for inventories?
  • How has technology aided inventory management?
  • How have technological improvements in products such as automobiles and computers impacted inventory decisions?

Write your initial response in 200 to 300 words. Apply APA standards to citation of sources.

Found something interesting ?

• On-time delivery guarantee
• PhD-level professional writers
• Free Plagiarism Report

• 100% money-back guarantee
• Absolute Privacy & Confidentiality
• High Quality custom-written papers

Related Model Questions

Feel free to peruse our college and university model questions. If any our our assignment tasks interests you, click to place your order. Every paper is written by our professional essay writers from scratch to avoid plagiarism. We guarantee highest quality of work besides delivering your paper on time.

Grab your Discount!

25% Coupon Code: SAVE25
get 25% !!