Chapter 10: Inventory Management

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Across
  1. 2. Extra inventory to prevent stockouts due to demand variability
  2. 3. Work-in-process inventory undergoing production.
  3. 6. Divides inventory into three classes based on annual dollar volume
  4. 8. Indicates when to place a new inventory order
  5. 10. Reduced prices for larger purchase quantities.
Down
  1. 1. Expenses for storing inventory over time (e.g., 26% of value)
  2. 4. Duration between placing and receiving an order.
  3. 5. Method to count items periodically and update records
  4. 7. Model to determine optimal order quantity minimizing costs
  5. 9. Maintenance, repair, and operating supplies inventory