Homework
Record accuracy is a prerequisite to inventory management, production scheduling, and ultimately, sales. For this case study homework, choose a local organization and research how it manages its inventory. Identify how the company's inventory is classified and what strategies the organization uses to ensure accurate inventory records are maintained. Specifically, identify at least 8-10 items within the company's inventory and determine which items should be A, B, and C items. Explain your reasoning behind labeling the inventory items as A, B, or C items. Also, discuss the advantages and disadvantages of using a cycle counting strategy or a complete inventory strategy.
Format your homework according to the following formatting requirements:
(1) The answer should be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides.
(2) The response also includes a cover page containing the title of the homework, the student's name, the course title, and the date. The cover page is not included in the required page length.
(3) Also include a reference page. The Citations and references should follow APA format. The reference page is not included in the required page length.