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You may use any type of company such as manufacturing, service ETC. Your paper must include the following topics in this order. 1 Define in your own words What is inventory? 2 Many people consider all inventory to be bad. Which is not always the case so you will also explain When is inventory an asset? When is inventory a liability? 2 Define the four broad types of inventory? (Reference page 211 in your text). Give examples of each type of inventory you found at your plant in your own research. Either on the tour or otherwise. 3 What would be some of the holding cost associated with the inventory you found in your researched company? 4 What types on inventory control did your company use? Do they use bar codes, RFD's etc

Date Posted: 26/03/2017
Category: Engineering
Due Date: 26/03/2017
Instruction
You may use any type of company such as manufacturing, service ETC. Your paper must include the following topics in this order. 1 Define in your own words What is inventory? 2 Many people consider all inventory to be bad. Which is not always the case so you will also explain When is inventory an asset? When is inventory a liability? 2 Define the four broad types of inventory? (Reference page 211 in your text). Give examples of each type of inventory you found at your plant in your own research. Either on the tour or otherwise. 3 What would be some of the holding cost associated with the inventory you found in your researched company? 4 What types on inventory control did your company use? Do they use bar codes, RFD's etc
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