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Important information about Quality Control & Supply Chain Management
Use the library, corporate Web sites, and other online resources to locate a firm that incorporates the fixed order quantity system, fixed order period system, or a hybrid system to its management of inventory.-Identify the type of inventory system it uses.-Indicate the type of inventory issues the firm has such as stock out costs, carrying costs, order quantity issues, safety stock, and EOQ issue.-In your opinion, is its system appropriate for the firm's business?
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