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Inventory management is a very important aspect of business as timely supply of inventory…
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A Bill of Materials (BOM) is a detailed list of all the items required for a job, process or production….
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Perpetual inventory system is a process in which a continual track of purchases, sales and losses are…
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A company has various motives for holding the inventory as stated below:…
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The main objective of inventory management is to maintain inventory at appropriate level to avoid excessive…
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Both over investment and under investment in inventory is undesirable as both have consequences…
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A.B.C. analysis is an analytical technique of controlling different items of inventory. …
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