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Topic: Inventory control 

Engineering Education

 Standard 17.  Understands elements of production planning
  Level IV (Grade 9-12)
   Benchmark 11.Understands the advantages/disadvantages of various inventory control methods (e.g., just-in-time inventory methods, keeping inventory in storage, inventory control software, automated inventory control)
    Knowledge/skill statements
     1.Understands various inventory control methods
     2.Understands the advantages of inventory control methods such as just-in-time inventory methods
     3.Understands the advantages of inventory control methods such as keeping inventory in storage
     4.Understands the advantages of inventory control methods such as inventory control software
     5.Understands the advantages of inventory control methods such as automated inventory control
     6.Understands the disadvantages of inventory control methods such as just-in-time inventory methods
     7.Understands the disadvantages of inventory control methods such as keeping inventory in storage
     8.Understands the disadvantages of inventory control methods such as inventory control software

Business Education

 Standard 42.  Understands operations management principles and procedures
  Level IV (Grade 9-12)
   Benchmark 4.Knows methods of inventory control (e.g., Just-In-Time (JIT); Gantt Charts, electronic eyes or scanners)
    Knowledge/skill statements
     1.Knows methods of inventory control
     2.Knows Just-In-Time (JIT) is used for inventory control
     3.Knows Gantt Charts is used for inventory control
     4.Knows electronic eyes are used for inventory control
     5.Knows electronic scanners are used for inventory control
   Benchmark 5.Knows types of inventory (e.g., perpetual, physical)
    Knowledge/skill statements
     1.Knows types of inventory
     2.Knows perpetual inventory
     3.Knows physical inventory