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"Education is the most powerful weapon which you can use to change the world”
– Nelson Mandela

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Week 1-Case Study

Week 1-Case Study

Q In your analysis of the Austin Wood Products Case consider the following questions: • What is your reaction to the president’s comment about not having to compete on cost? • What will be the impact of the inventory control problem change as the sales volume increases? • How could AWP benefit from the establishment of an inventory control system? What functions should be included in an inventory control system?

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Background: The Company named Austin Wood Products did start off its business in the year 1981. As of the fastest growing industry in Texas, it was found that Mr. Price did apprehend upon the probable necessity for custom based designed doors. With his business idea, Mr. Price started of manufacturing different designed doors in his garage until 1982 especially when he did displaced the location to the Austin area (Benton, 2014). With his idea, gradually as the company began to flourish, the price value was simply relocated to downtown Austin in 1983 and later it was shifted to the current location that is, 1165 Guadalupe Road in Austin (Benton, 2014).