BSOP 334 Week 2 Lab Determining Order Quantity for Lowest Total Cost
SOP 334 Week 2 Homework
Chapter 13: Discussion & Review Questions: 3, 6, 10, 11, & 14 (p. 601)
BSOP 334 Week 2 DQs
Is inventory an asset or a liability? How do we determine if it is an asset or a liability? Might the determination be different for different people in the same organization? Please discuss, providing specific examples.
Why is reorder timing so important to a business? Is it more important than when we decide to refill our cars with gas, or the refrigerator with food? Why?
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