“Inventory Management” Please respond to the following:
1. Just-in-time(JIT) software is unable to foresee delivery problems resulting from bad weather, labor strikes, etc. Assess how a company using JIT inventory management software should mitigate delivery problems.
2. An increasing number of retailers have installed self-checkout machines. Justify the installation of these machines in terms of costs management, efficiency,productivity, and trustworthiness of customers.