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ERIC Number: EJ1315279
Record Type: Journal
Publication Date: 2021-Oct
Pages: 9
Abstractor: As Provided
ISBN: N/A
ISSN: ISSN-1540-4595
EISSN: N/A
Available Date: N/A
An Inquiry-Based, Partial Information Exercise for Teaching Inventory Management
Decision Sciences Journal of Innovative Education, v19 n4 p241-249 Oct 2021
We present a classroom exercise developed to teach the tools of determining order quantities and reorder points for inventory management. This exercise presents the students with an inventory management scenario but only provides a portion of the data that are required to set order quantities and reorder points. The activity is a type of inquiry-based, partial information exercise that requires the students to identify the data they need and request it from the instructor to develop their recommendations. It has been used successfully at both the undergraduate and graduate level to teach inventory management concepts.
Wiley. Available from: John Wiley & Sons, Inc. 111 River Street, Hoboken, NJ 07030. Tel: 800-835-6770; e-mail: cs-journals@wiley.com; Web site: https://www.wiley.com/en-us
Publication Type: Journal Articles; Reports - Descriptive
Education Level: Higher Education; Postsecondary Education
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: N/A
Grant or Contract Numbers: N/A
Author Affiliations: N/A