Question: Define and briefly discuss the ABC, EOQ, materials requirements planning (derived demand), and just-in-time inventory management systems. When is each appropriate?

Define and briefly discuss the ABC, EOQ, materials requirements planning (derived demand), and just-in-time inventory management systems. When is each appropriate?

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Define and briefly discuss the inventory management systems; ABC, EOQ, materials requirements planning (derived demand), and just-in-time. When is each of them are appropriate?

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