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Inventory systems

This topic has 3 replies, 2 voices, and was last updated 11 years ago by John Moffat.

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September 26, 2014 at 9:30 pm #196575
dookhan12
Member
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Hello…
My study text has notes on the following inventory systems:
– Bin systems
– Periodic review
– JIT
The syllabus only mentions JIT.
Do I need to learn the bin system and periodic review system?
September 27, 2014 at 7:04 am #196607
John Moffat
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I guess that there is no harm in reading it (there are no calculations involved), but they have never been mentioned in Paper F9 and I would be very surprised if they ever were 🙂
September 27, 2014 at 5:57 pm #201965
dookhan12
Member
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I think I would put major emphasis on JIT as it’s mentioned in the syllabus. The other I would just have a brief knowledge of it.
Thanks! 🙂
September 28, 2014 at 8:56 am #202021
John Moffat
Keymaster
- Topics: 57
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Certainly you must be able to write about JIT. I would be astonished if the other two were mentioned in the exam.
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