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Q. Explain about the managing inventory.
Managing inventory (stock):
Retailers buy stock or inventory and sell that to customers; that manufacturers buy raw material and elements, manufacturing or assembling goods and after that selling such finished goods downstream for example, later into the supply chain, in the direction of the ultimate customer or consumer.
1. The monthly sales for Telco Batteries, Inc., were as follows: Month Sales Jan 20 Feb 21 Mar 15 Apr 14 May 13 Jun 16 Jul 17 Aug 18 Sep 20 Oct 20
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