Inventory Techniques
Question # 47298 | Business & Finance | 2 years ago |
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$5 |
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Please respond to the following:
- Techniques of inventory management include:
- Economic order quantity.
- Just in time inventories.
- Optimum stocking level.
- Periodic inventory.
- Perpetual inventory.
- Barcoding.
- Point–of–sale systems.
- Select three of the seven inventory techniques listed above and explore why a business would implement each one. Be sure to list specific reasons for each.