Inventory Management Assignment, Homework help, Tutoring


Finance Assignment help --> Inventory Management Assignment

Businesses need to carry inventory of raw materials, work-in-progress, finished goods, spares and other sundry items. Why inventory needs to be carried? To ensure uninterrupted production, uninterrupted sales, to avoid haste purchases, to take advantage of opportune price and supply conditions, to avoid lost sales, to earn customer goodwill etc.. Inventory is a buffer or cushion. Inventory management is concerned with deciding the size of inventory. Too much inventory involves excessive cost on funds locked in inventory, on storage, on insurance, and on tax and possible loss on account of pilferage, theft, wastage etc. On the other hand, fewer inventories will result in less cost in respect of capital locked up, space and insurance but high cost in respect of ordering, transportation etc. Hence, there is a need for optimizing the costs of carrying and ordering costs.

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The tutors at www.theglobaltutors.com are well qualified and experienced to handle any type of query relating to inventory management. They are aware about the various valuation of inventory like First in First Out(FIFO), Last in First Out(LIFO), weighted average method etc. All the tutors hold a minimum of Masters Degree in Finance and are professors in reputed financial institutions and colleges. Hence, students you are in the safe hands and be sure of that.

Inventory Management Assignment Help/Homework Help at www.theglobaltutors.com

We, at www.theglobaltutors.com, provide Assignment Help and Homework Help for Inventory management. Our tutors are available 24x7 and hence accessing them during any time is not a problem. Our tutors are well versed with the calculations of economic order quantity, ordering and carrying costs, Re-order level etc. You may please submit your assignments at the “Submit Assignment” section of our website or send a mail to cs@theglobaltutors.com, with a mention of the deadline. We will then revert to you with the best quote and once confirmed, our tutors shall solve the assignments and we will mail it back to you before the deadline.

Online Tutors and One on One Online Tutoring Session for Inventory Management

Apart from Assignment Help and Homework Help, we provide One on One Online Tutoring Session for Inventory Management. Learn from our tutors as to how to control inventory under conditions of uncertainty. The tutors at www.theglobaltutors.com are aware about ABC analysis. Just send us your schedule to support@theglobaltutors.com and we shall fix your session according to your convenience.

Some of the topics covered under Inventory Management:

1.What and why is inventory management required?
2.Inventory control models
3.Inventory planning under conditions of certainty & uncertainty
4.Ordering costs
5.Carrying costs
6.Economic order quantity
7.Re-order level
8.Average storage level
9.Minimum and Maximum levels
10.Cost computation for different levels of safety stock
11.ABC Analysis
12.Valuation of Inventory
a.FIFO
b.LIFO
c.Weighted average method
d.Perpetual inventory valuation

Our scope of coverage is not limited to the above topics only. You may contact Inventory Management Assignment Help and our Online session facility for any type of assignments in inventory and inventory management. Make the most of the services available at our tutoring website and become an expert by yourself.



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