IEME E4310X Lecture : inventory_management.ppt

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lilachedgehog903

12 Nov 2012

School

Columbia University

Department

Industrial and Mechanical Engineering

Course

IEME E4310X

Professor

Garrison

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Document Summary

An inventory is an accumulation of a commodity that will be used to satisfy some future demand. Inventories account for a significant part, about 34%, of the current assets of a typical firm, and for 10% to 15% of annual sales. The average manufacturing companies has 2. 5 years worth of after-tax profits tied up in inventories (u. s. department of commerce, july 1990). Service operations that have no tangible items to purchase or inventory, materials management is of minor concern. Operations that provide repair or refurbishment services carry inventory of replacement parts and supplies. Hospitals carry inventory of food, linens, medicine, and medical supplies. The impact of adequate production and inventory management on the operating profit of a firm (revenue minus operating expenses) can be seen by noting that. Sales revenue can be increased by an appropriate allocation of inventories among specific items and locations.

Related Questions

Can you help me guys with question number 4 and thank you.

"Sentry" - Fredrick Brown

He was wet and muddy and hungry and cold and he was fifty thousand lightyears from home.

A strange blue sun gave light, and gravity, twice what he was used to, made every movement difficult.

But in tens of thousands of years this part of war hadn’t changed. The flyboys were fine with their sleek spaceships and their fancy weapons. When the chips are down, though, it was still the foot soldier, the infantry, that had to take the ground and hold it, foot by bloody foot. Like this damned planet of a star he’s never heard of until they’d landed him there. And now it was sacred ground because the aliens were there too. The aliens, the only other intelligent race in the Galaxy…cruel, hideous and repulsive monsters.

Contact had been made with them near the centre of the Galaxy, after the slow, difficult colonization of a dozen thousand planets; and it had been war at sight; they’d shot without even trying to negotiate, or to make peace.

Now, planet by bitter planet, it was being fought out.

He was wet and muddy and hungry and cold, and the day was raw with a high wind that hurt his eyes. But the aliens were trying to infiltrate and every sentry post was vital.

He stayed alert, gun ready. Fifty thousand light-years from home, fighting on a strange world and wondering if he’d ever live to see home again.

And then he saw one of them crawling toward him. He drew a bead and fired. The alien made that strange horrible sound they all make, then lay still. He shuddered at the sound and sight of the alien lying there. One ought to be able to get used to them after a while, but he’d never been able to. Such repulsive creatures they were, with only two arms and two legs, ghastly white skins and no scales.

4.) What details does the author use to make you feel sorry for the sentry, and make you feel angry toward the "aliens"? Give at least two specific pieces of evidence from the text. Use the RACE strategy to fully answer the question, ~4 typed lines /5 marks

Lily

"Sentry" - Fredrick Brown

He was wet and muddy and hungry and cold and he was fifty thousand lightyears from home.

A strange blue sun gave light, and gravity, twice what he was used to, made every movement difficult.

Now, planet by bitter planet, it was being fought out.

He was wet and muddy and hungry and cold, and the day was raw with a high wind that hurt his eyes. But the aliens were trying to infiltrate and every sentry post was vital.

He stayed alert, gun ready. Fifty thousand light-years from home, fighting on a strange world and wondering if he’d ever live to see home again.

And then he saw one of them crawling toward him. He drew a bead and fired.

The alien made that strange horrible sound they all make, then lay still. He shuddered at the sound and sight of the alien lying there. One ought to be able to get used to them after a while, but he’d never been able to. Such repulsive creatures they were, with only two arms and two legs, ghastly white skins and no scales.

3) Who are the "alien invaders" revealed to be, at the end of the story? What is the author trying to tell you? Give a specific lesson (theme) and a specific piece of evidence from the text. Use the RACE strategy to fully answer the question. ~4 typed lines. /5 marks

Lily

IEME E4310X Lecture : inventory_management.ppt

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