Economic Approaches In The Age Of Industrialization (1870-1940)

In your accounting courses, you have learned that inventory is an asset and has book value, increasing the overall worth of a company. When looking at the ability of a company to pay its bills, outsiders often look at the current ratio, which takes current assets (cash, accounts receivable, and inventory) and divides it by current liabilities (accounts payable, current portion of long-term debt, and taxes payable). The higher the value, the better able a company is to pay its bills. Yet in inventory systems such as CPFR and JIT, operations management will consider inventory as a liability or something that improves the profitability of the company by reducing inventory. Discuss the following:

  • Is inventory an asset or a      liability? Defend your position.
  • What are the pros and cons of a      Just-in-Time (JIT) inventory system?
    • Where would it be most effective?
    • When would it be a poor strategic       choice? Explain.

This topic is open to debate and can be argued both ways. Press your peers to defend their positions. Ask probing questions. Defend your position with analytical thinking supported by facts.

This is a debate. The discussion should be open and questioning, but not adversarial. One way to approach this method of questioning is to frame the question in a neutral way, such as “Have you considered…”

Place your order
(550 words)

Approximate price: $22

Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
The price is based on these factors:
Academic level
Number of pages
Basic features
  • Free title page and bibliography
  • Unlimited revisions
  • Plagiarism-free guarantee
  • Money-back guarantee
  • 24/7 support
On-demand options
  • Writer’s samples
  • Part-by-part delivery
  • Overnight delivery
  • Copies of used sources
  • Expert Proofreading
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

Our guarantees

Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.

Money-back guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

Read more

Zero-plagiarism guarantee

Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.

Read more

Free-revision policy

Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.

Read more

Privacy policy

Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.

Read more

Fair-cooperation guarantee

By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.

Read more