Question: The management at Barks - a - Million is considering a new inventory control system. The current system is inadequate because it frequently causes stockouts

The management at Barks-a-Million is considering a new inventory control system. The current system is inadequate because it frequently causes stockouts that interrupt production and lead to excess stock of other materials - resulting in markdowns and high carrying costs. The new system, which will focus on forecasting demand for their products, will likely employ
the economic order quantity.
a reorder point.
a just-in-time inventory system.
materials requirements planning.
 The management at Barks-a-Million is considering a new inventory control system.

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