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QUESTION

Michael smith only

Inventory Control Models

Answer the following questions:

  1. Discuss the importance of inventory control with respect to supply and demand.
  2. What benefit can tools such as ABC analysis and just-in-time controls provide for an organization?
  3. How can an enterprise resource planning system assist a firm with improving its business operations?

Your paper should reflect scholarly writing and current APA standards. Please include citations to support your ideas.

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