Question: QUESTION 4 The class discussed several concepts in inventory. These include: ABC system Fixed Quantity System Fixed Time System Single Period System Discuss each system.

QUESTION 4 The class discussed several concepts

QUESTION 4 The class discussed several concepts in inventory. These include: ABC system Fixed Quantity System Fixed Time System Single Period System Discuss each system. The discussion should include: What is the objective of each? What are the two questions that most inventory systems must answer and which one does not. Which system is appropriate for which product? What are the major differences between the systems? The purpose of this question is to determine the ability to decide on what the best approach is for each product/situation. Attach File

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