When managing inventory within an organization, one needs to consider when it was purchased and the price
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When managing inventory within an organization, one needs to consider when it was purchased and the price at which it was purchased. Tracking this is important as the value of the product being manufactured will change once the price of the inventory changes. Elaborate this statement?
Related Book For
Operations Management Processes And Supply Chains
ISBN: 9781292409863
13th Global Edition
Authors: Lee Krajewski, Naresh Malhotra, Larry Ritzman
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