Question: What factors should be considered when purchasing for a small business? 2 . Aside from reducing inventory levels, what does the just - in -

What factors should be considered when purchasing for a small business?
2. Aside from reducing inventory levels, what does the just-in-time philosophy promote?
3. When would an ABC inventory system be appropriate?
4. Explain how the Pareto rule is important to a small business owner.

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