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What are the approaches to managing inventory levels

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Reference no: EM132986566

Question - Working Capital and Inventory Management - Proper working capital management and inventory management are important for successful companies.

Required -

a. Define working capital management.

b. What are the internal and external factors affecting a company's working capital needs?

c. Assessing a company's liquidity is an important aspect of working capital management. What ratios are available to assist in this process?

d. Inventory management is a key aspect of working capital management. What is the objective of inventory management?

e. What are the motives for holding inventory?

f. What are the approaches to managing inventory levels?

Reference no: EM132986566

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