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Hatten (2009) stated, because inventory is such a significant expense, most businesses look carefully for ways to determine the appropriate levels of control for their inventory. Hatten (2009) discusses several inventory control methods 2013 Visual Control, EOQ, ABC Classification, EDI, JIT, and MRP. Which method do you feel would be the best?
scope of operation research
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Discuss the strategic importance of layout decisions.
Discuss the four types of process strategies and give an example of each. Also, please share any personal industry experiences (if any) with each process strategy.
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