Operations Management IP3

Weekly tasks or assignments (Individual or Group Projects) will be due by Monday and late submissions will be assigned a late penalty in accordance with the late penalty policy found in the syllabus. NOTE: All submission posting times are based on midnight Central Time.

The warehouse manager asked you to create an example inventory list for his staff. The inventory list is a comprehensive chart that lists all of the company’s internal resources: equipment, machines, technology, furniture, office supplies, etc.

Considering the company, its services, and its products, draft an inventory list of all internal resources.

• Use the following format:
• MS Excel spreadsheet
• Include an inventory chart with relevant categories.
• Categorize the inventory based on departments, units, and teams.
• Include time lines for restocking resources and placing orders based on anticipated demands and usage.

Assignment Objectives: Introduce students to the concepts of managing operations as they apply to the production of goods and services. Understand the importance of Production/Operations as it relates to standards of living and balance of trade.