Simchi-Levi: Designing and Managing the Supply Chain: Concepts, Strategies, and Case Studies
4TH EDITION, © 2022
By David Simchi-Levi
ISBN:1259997707
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CHAPTER 2: INVENTORY MANAGEMENT AND RISK POOLING
SPORT OBERMEYER ASSIGNMENT INSTRUCTIONS
OVERVIEW
This week there is a focus on inventory management and risk pooling. Inventory management
aims to find the correct amount of inventory to fulfil customer demand without accumulating
overstock. Inventory records must be accurate, and goods and services must successfully flow
through the supply chain to meet customers’ needs for products and provide the best customer
service. Variability in supply chains complicates an organization’s ability to forecast, plan, and
control inventory. However, failing to address inventory accuracy problems jeopardizes its
financial position and its ability to survive in the future.
INSTRUCTIONS
Each question must be answered thoroughly, and the responses must be supported by the
concepts introduced in the reading/study materials. Each question/answer must be delineated
under a heading in current APA format. Include a title page and reference page also in current
APA format. Incorporate a minimum of 5 peer-reviewed sources with at least 1 source per
question.
Note: Your assignment will be checked for originality via the Turnitin plagiarism tool.
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