What is inventory

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Reference no: EM133980883

Questions

1. What is inventory? Define at least 3 category types of inventory and give concrete examples.

2. Briefly describe what is inventory management and briefly explain with concrete examples the 3 main activities a company must perform in managing inventories.

3. What is JIT inventory? Give a concrete example.

4. Describe how a company can maintain optimum inventory levels. Give a concrete example.

Reference no: EM133980883

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