Question: - Identify a product that you use on a regular basis. (You cannot use potato chips!) Remember, that a product that is production-based will help
- Identify a product that you use on a regular basis. (You cannot use potato chips!) Remember, that a product that is production-based will help you maximize your understanding of the type of inventory - Give an example of each of the four types of inventory to manufacture this product. - How would you rank the dollar investment in each of the four types of inventory, from the highest cost of investment to the lowest cost of investment? - Explain why you ranked the four types of inventory this way
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