Iscom 305 week 3 taylor incorporated inventory management challenge

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This paperwork contains ISCOM 305 Week 3 Taylor
Incorporated Inventory Management Challenge
Business - General Business
Resource: Taylor Incorporated Inventory Management
Challenge located on the student website under Week Three
Create a Microsoft® PowerPoint® (with a transcript of your
presentation in the speaker notes) about inventory to
present to the president of Taylor Inc.
Complete the elements of inventory management and the
EOQ
components of the presentation.
A d dress the following requirements:
· Describe elements of inventory management.
· Describe the types of inventory control systems and
explain which one Taylor Incorporated should use (and why).
· Explain why accurate forecasting is so important to sales
enhancement, customer satisfaction, and cost control.
· Identify the number of units to purchase for the new
distance measurement device based on the economic order
quantity.
· Identify the number of orders per year that must be made
to take advantage of the economic order quantity.
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