Discuss the four functions of inventory

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Reference no: EM132210205

1. If you were working for a small or entrepreneurial company, what are some of the challenges you might face when trying to do business in a new country?

What are some advantages?

Elaborate and provide at least two examples.

2. a) Discuss the four functions of inventory

b) Discuss six types of inventory

c) Audits also known as cycle counts are used to record inventories. Identify four(4) advantages of such audits

d) Differentiate between holding, ordering and set up costs.

Reference no: EM132210205

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