Coca Cola's Inventory Management System
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Using your past experiences, the Library, corporate Web sites and other online resources, locate a firm that incorporates inventory management.
1. Identify the type of inventory system (fixed order quantity system, fixed order period system, or a hybrid system) it uses.
2. Indicate the type of inventory issues the firm has such as stock out costs, carrying costs, order quantity issues, safety stock and EOQ issue.
3. In your opinion, is their system appropriate for the firm's business? Why or why not?
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Solution Summary
An expert discusses Coca's Inventory management system in detail as well as pros and cons about it as well as suitability for the corporation.
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1. Coca Cola uses a perpetual inventory system. This is a hybrid system. That uses POS software.
2. For problems and issues there are varying out of stock costs (rarely), carrying costs ...
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