MGT5063 Quiz 4 - Name MGT5063 Quiz 4 Due 30 Oct 2016 Total...

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Name MGT5063 Quiz 4 Due 30 Oct 2016 Total: 20 Pts 1. (4 Pts) Explain in a paragraph (4-5 sentences) multi-echelon inventory management include in this explanation centralized and decentralized management configurations. Chapter 6 Pag.131 Multi-echelon inventory management; Pag.133 centralized; Pag.132 decentralized The Multi-echelon inventory management is the collection of numerical stores with different type of distributions centers with purpose of control and distro their products to their near stores. Each of them can be different. Centralized organizational structures depend on one individual to make decisions and provide direction for the company. Small businesses often use this structure since the owner is responsible for the company’s business operations. Decentralized organizational structures often have several individuals responsible for making business decisions and running the business. Decentralized organizations depend on a team environment at different levels in the business.
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