Operations Management - Inventory Essay Example | Topics and Well Written Essays - 500 words

Operations Management - Inventory - Essay Example Here, when t he inventory of raw materials is over, it does not prompt a requirement. The entire action is towards coming up with the end product or the complete product. It is important to distinguish between both the philosophies, since goods are classified as end products and raw inventory. Each of these is governed by a particular kind of demand, which in turn, is governed by the above philosophies. Therefore, inventory management requires the differentiating between the two philosophies. Independent demand inventories are the ones that include the finished goods or the spare parts of these goods. The demand is independent of the operations and is solely dependent on the market conditions. On the other hand, dependent demand inventories are unfinished raw materials that go into the making of goods. These are governed by the demand for the end product as well, apart from the market conditions. Therefore, it is dependent, not only on the market scenario, but also the operations and the demand for the end product. For instance, if a toy wagon is the subject, then the wagons would fall under independent demand, while the wh

Weekly Journal Essay Example | Topics and Well Written Essays - 250 words - 1

Weekly Journal - Essay Example My moral voice acts as my inner voice that judges my behavior and motivation that is based on ideas that are either right or even wrong. There is time I encountered a moral disagreement regarding the issue of diversity in the country. Considering the diversity in ethnicities currently seen in America, I once encountered an individual from another ethnicity in a mall. Considering that this individual was from a dominant ethnicity, he started looking down on me considering that I am from a totally different ethnic from his. Initially, I felt like punching him so hard that he could never make such irritating comments to any individuals ever again. However, my moral voice made me hesitate. This inner voice made me realize that I could get myself into so much trouble by not restraining myself and containing my anger. Thus, this conflict was a good one because I was able to restrain myself and avoided getting into trouble with the law. Instead, I engaged the individual into a mature communication and made him understand that every individual is equal before God. I made him realize that the labels that human beings give are the only ones that worsen the racial situation in the country (Gilligan, 2009). At the end of it all, we shook hands and he even offered to pay for the items that I had picked in the