Question: Assignment - Inventory Management Discuss 1. What is inventory 2. Benefits of Inventory Management 3. Inventory Management Methods: A. JUST-IN-TIME MANAGEMENT B. MATERIALS REQUIREMENT

Assignment - Inventory Management Discuss 1. What is inventory 2. Benefits of Inventory Management 3. Inventory Management Methods: A. JUST-IN-TIME MANAGEMENT B. MATERIALS REQUIREMENT PLANNING C. ECONOMIC ORDER QUANTITY D. DAYS SALES OF INVENTORY

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Answer 1 What is Inventory Inventory refers to the stock of goods and materials that a business holds for the purpose of resale or production It includes raw materials workinprogress and finished good... View full answer

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