What is inventory-economic order quantity

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Reference no: EM131116484

What is inventory?

Explain 4 types of inventory based on position of inventory in the process?

Explain buffer inventory.

What does EOC (Economic Order Quantity) attempt to do?

What is replenishment lead time?

Explain the 3 approaches of locating inventory. Explain inventory turns.

Explain ABC inventory distribution - the process used to establish relative importance.

Explain the 2 methods of obtaining accurate inventory records.

Reference no: EM131116484

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