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Functions of Inventory

This is a research report on Functions of Inventory uploaded by ROSS ERUDITE in category: All Documents »  Operations Research »  Logistics section of our research repository.
1365 views, 0 comments, Last Update: May 11, 2015.
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Tags: Functions of Inventory , Inventories , four functions
Description:
Inventories have four functions. They are Minimize costs at acceptable inventory levels, Provide desired customer service level, Couple successive operations or functions and Stabilize production and the labor force, thereby trying to reduce capital requirements



 

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