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Week 3 Quantitative Analysis Inventory Control Models
Quantitative Analysis
Inventory Control Models
Answer the following questions:
- Discuss the importance of inventory control with respect to supply and demand.
- What benefit can tools such as ABC analysis and just-in-time controls provide for an organization?
- 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.
Insert some graphs or flowcharts or a real example to support and illustrate your points better.