Question: Inventory Model Examples What is inventory management? Why is it important? Identify an example of a inventory system with which you have worked (You can

Inventory Model Examples

What is inventory management? Why is it important? Identify an example of a inventory system with which you have worked (You can even describe one you use at home for groceries or other items). Discuss how it was managed. Could you have used any of the models discussed in this unit?

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