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Type the correct answer in the box. Spell all words correctly. Fabian worked at a computer hardware manufacturing factory. He noticed that the cost of production had increased over the past couple of months, even though the production output was the same. He found that the increase in costs was due to the expense of using up inventory. How can Fabian minimize these costs? Fabian can calculate the to find the optimum amount of inventory required for production, which will help him minimize excess costs.

Answer :

henrydesanta

Answer:

As he has the aability and the resources to find out the optimum requirement of inventory, he must turn toward a lean manufacturing process where the wattage is minimum and try to implement a Just In Time inventory system that uses a minimum inventory level and use parts and inventory as they are needed during the production, without storing them.

However, to do this he must first negotiate with the suppliers and build a strong and sustainable communication channels and see if the suppliers can do this in time as he needs it.

Explanation:

chicago8034

Answer: quantity

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