What are the different ways to keep track of inventory in organizations?

  • Answer all questions.
  • Please answer the questions in your own words. We are looking for your understanding of the materials on the topics covered by the questions. If you use materials from the internet or other sources please cite them properly.
  • When answering each question please organize your responses clearly into logical paragraphs with proper subheadings if required.
  • Do a spell check, and read your responses for any grammatical or syntactical mistakes before submitting the answers.
  1. What is aggregate planning? Describe the aggregate planning process briefly. Why do organizations have to do aggregate planning?(5+10+10 Points)
  1. Identify and describe in detail two demand based and two supply based strategies for aggregate planning with examples? (25 Points)
  1. What are the different ways to keep track of inventory in organizations? Explain clearly and in detail each of the approaches identifying some of the technologies that may be used for each approach

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