HSA525008VA016-1138-001: Health Financial Management

HSA525008VA016-1138-001

Discussion Week 4

Health Financial Management

Esnel Milord

Strayer University

Week 4 Discussion 1

Inventory Systems and the EOQ calculation

Baker (2011) argues on the benefits of perceptual inventory system in his research. The author iterates the benefits of the system, concerned. The system aggregates all data associated with all kinds of inventory in a continuous and periodic flow. This system helps to plan, process and produce output proactively, through systematic management of inventory. The system is also pivotal in creating a lean inventory management system for organizations. It reduces burdens of warehousing costs and inventory maintenance costs. It helps in syncing the production ...