Iscom 305 week 3 individual assignment taylor incorporated inventory management challenge

1. The link to download
ISCOM 305 Week 3 Individual
Assignment Taylor Incorporated
Inventory Management Challenge
Resource: Taylor Incorporated Inventory Management Challenge located on
the student website under Week Three
Create a Microsoft® PowerPoint® (with a transcript of your presentation in the
speaker notes) about inventory to present to the president of Taylor Inc.
Complete the elements of inventory management and the EOQ
components of the presentation.
Address the following requirements:
· Describe elements of inventory management.
· Describe the types of inventory control systems and explain which one
Taylor Incorporated should use (and why).
· Explain why accurate forecasting is so important to sales enhancement,
customer satisfaction, and cost control.
· Identify the number of units to purchase for the new distance measurement
device based on the economic order quantity.
· Identify the number of orders per year that must be made to take advantage
of the economic order quantity.