QRB 501 Week 5 Team Assignment Inventory Proposal - 36556

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• Resources: Week Two Assignment, University of Phoenix Material: Summer

Historical Inventory Data, or University of Phoenix Material: Winter Historical

Inventory Data

 

• Select an inventory management problem that applies to your work or personal life.

 

• Prepare a project proposal in which you:

 

o Describe the organization, the inventory problem it faces, and the expected

benefits that are motivating the organization to implement a solution.

 

o Convert time series data collected in Week Two to seasonal indices. You may

choose to use the University of Phoenix Material: Summer Historical Inventory

Data or University of Phoenix Material: Winter Historical Inventory Data if the

data you collected is insufficient.

 

o Use seasonal indices to analyze the inventory data.

 

 Use the slope-intercept formula to determine the annual increase in

inventory.

 Provide monthly seasonal indices for the given data.

 Identify the busy months of year.

 Identify the slow months of year.

 

o Construct a histogram of the inventory data using Microsoft®

 Excel®

.

 

 

o Forecast the future inventory costs using time value of money concepts.

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QRB 501 Week 5 Team Assignment Inventory Proposal.docx
QRB 501 Week 5 ...