Explain methods used to avoid buildup of excessive inventory

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Reference no: EM131385208

1. Using the ABC inventory analysis method, classify some of your personal possessions into the three categories. Include at least two items in each category

2. Interview the manager of a bookstore about the type of inventory control system used in the store. Write a report in which you explain the methods used to avoid buildup of excessive inventory and any use made of inventory turnover ratios (ratios that relate the dollar value of inventory to the volume of sales).

Reference no: EM131385208

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