Maintain the adequate level of inventory

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Thanks for the comment. Inventory control is very important. Companies need to keep the appropriate level of inventory. Excessive amounts of inventory could be costly for an organization- more storage costs, more waste, etc. However, limited inventory could result in lost customers. Therefore, it important that the company maintain the adequate level of inventory. If you think one system of inventory is more accurate than the other, why do you think so, and if possible, please, provide examples.

Reference no: EM133153971

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