Question: 9. Explain all the Inventory Control Policies (deterministic methods and probabilistic) and Reorder Points discussed in class, define each one of them. Explain the pros

9. Explain all the Inventory Control Policies (deterministic methods and probabilistic) and Reorder Points discussed in class, define each one of them. Explain the pros and cons of each method. Provide one or two examples of each technique related to SCM/Logistics/Transportation/Operations where the forecasting method could be used. (25 points)

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