Draft written responses to the following text questions. Please be sure to answer the whole question as an essay in a thorough manner. Please provide at least a full page of text
1. Define Inventory and give 5 examples of inventory
2. Give 4 reasons to hold inventory
3. What is the difference between fixed order quantity and fixed order interval in inventory management?
3. Explain briefly what does the 80/20 rule means in inventory management
No related question exists