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Explain the different types of inventory, the challenges of inventory management and the reasons for the existence of inventory. Then explain how firms such

 

Explain the different types of inventory, the challenges of inventory management and the reasons for the existence of inventory. Then explain how firms such as Amazon, Walmart or Apple control their inventory.

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Inventory refers to the raw materials finished products and semifinished products that a company has on hand There are several different types of inventory including Raw materials These are the unproc... blur-text-image

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