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| Topic: |
Business
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| Number of pages / Number of words: |
3 / 716 |
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Kuiper Leda’s levels of production are fairly stable, and with the new Midland contract, the company will continue to know, to a relatively safe degree, what its raw materials inventory and finished goods inventory will need to be. Using a fixed-period inventory system is an opportunity for Kuiper Leda to manage its resources more efficiently and “ensure that an item will be available on an ongoing basis throughout the year†(Chase, Jacobs, & Aquilano, 2006, p...
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Using a fixed-period inventory system is an opportunity for Kuiper Leda to manage its resources more efficiently and “ensure that an item will be available on an ongoing basis throughout the year†(Chase, Jacobs, & Aquilano, 2006, p. 595). A fixed-period inventory system, with an order fill rate of 50%, aligned with the production schedule, would replenish inventory levels so production was not interrupted by not having the raw materials to process, and the current level of output could be maximized...
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General points of the essay
Gap Analysis: Kuiper Leda
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