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Techniques of inventory management

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Reference no: EM133157281

Techniques of inventory management include:

Economic order quantity.

Just in time inventories.

Optimum stocking level.

Periodic inventory.

Perpetual inventory.

Barcoding.

Point-of-sale systems.

Select three of the seven inventory techniques listed above and explore why a business would implement each one. Be sure to list specific reasons for each.

Reference no: EM133157281

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