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Inventory Management

Chapter 12: Learning Objectives. You should be able to:Define the term inventory, list the major reasons for holding inventories, and list the main requirements for effective inventory managementDiscuss the nature and importance of service inventoriesDiscuss periodic and perpetual review systems

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Inventory Management

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    1. Chapter 12 Inventory Management

    2. Chapter 12: Learning Objectives You should be able to: Define the term inventory, list the major reasons for holding inventories, and list the main requirements for effective inventory management Discuss the nature and importance of service inventories Discuss periodic and perpetual review systems Discuss the objectives of inventory management Describe the A-B-C approach Describe the basic EOQ model and its assumptions and solve typical problems

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