Question: 1.https://www.workspace.co.uk/content-hub/business-insight/stock-control-methods Using the link above, read the different methods of stock control management and different between the following: FIXED-TIME/FIXED-LEVEL REORDERINGJUST IN TIME (JIT)ECONOMIC ORDER QUANTITY
1.https://www.workspace.co.uk/content-hub/business-insight/stock-control-methods
Using the link above, read the different methods of stock control management and different between the following:
FIXED-TIME/FIXED-LEVEL REORDERINGJUST IN TIME (JIT)ECONOMIC ORDER QUANTITY (EOQ)FIRST IN, FIRST OUTBATCH CONTROLVENDOR-MANAGED INVENTORY (VMI)
Explain how to avoid over or underspending on stock providing an example with your answer.
2.Click on the link below and access the website explain at least 4 the limitations of Internal Control
https://audithow.com/limitations-internal-control/
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