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QUESTION

Week 3 Quantitative Analysis Inventory Control Models

Quantitative Analysis

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.

Insert some graphs or flowcharts or a real example to support and illustrate your points better.

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