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Author Question: The management at Barks-a-Million is considering a new inventory control system. The current system ... (Read 38 times)

luvbio

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The management at Barks-a-Million is considering a new inventory control system. The current system is inadequate because it frequently causes stockouts that interrupt production and lead to excess stock of other materials — resulting in markdowns and high carrying costs. The new system will focus on ensuring that these costs are minimized. The new inventory control system will likely employ
◦ a reorder point.
◦ a just-in-time inventory system.
◦ the economic order quantity.
◦ materials requirements planning.


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Marked as best answer by luvbio on Apr 8, 2019

Eazy416

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