An inventory management technique designed to minimize inventory investment by having materials arrive at the time they

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An inventory management technique designed to minimize inventory investment by having materials arrive at the time they are needed for use is known as

The economic order quantity model (EOQ).
Materials requirements planning (MRP).
First-in first-out (FIFO).
Just-in-time (JIT).

Related Book For answer-question

Business Statistics For Contemporary Decision Making

ISBN: 978-1118749647

8th edition

Authors: Black Ken

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Posted Date: Feb 09, 2023 05:29 AM

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An inventory management technique designed to minimize inventory investment by having materials arrive at the time they

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Business Statistics For Contemporary Decision Making

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