Why is inventory critical to manage for a company

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Reference no: EM133458397

Explain the following

1) What are the different types of inventory and how are they used?

2) Why is inventory critical to manage for a company?

3) What can happen to a company if they have too much inventory?

4) What can happen to a company if they have too little inventory?

5) What are some of the methods companies can use to manage inventory?

Reference no: EM133458397

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