Question: Walmart uses a just-in-time inventory system to reduce its costs, allowing it to sell goods to its customers at lower prices. a) What are the

Walmart uses a just-in-time inventory system to reduce its costs, allowing it to sell goods to its customers at lower prices.

a) What are the benefits of a good inventory management system?

b) What are the risks associated with a very tight inventory control system?

c) How does a good just-in-time inventory system affect key ratios?

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