Operation Management

1. In Inventory Management, describe the difference(s) between Fixed-Quantity Ordering versus Periodic Ordering. Under what circumstances should one be more appropriate over the other?

2. Describe briefly the differences between the uses of Distribution Center versus the Direct-Store-Delivery approach. Please explain the trade-offs.

3. Describe various transportation modes available to most industries. What would be trade-offs amongst them?

4. What are some of the issues in supplier management? What are some best practices?