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In 3 to 5 substantial sentences, respond to the prompt or questions below: Which one of the following parts of the inventory process do you

In 3 to 5 substantial sentences, respond to the prompt or questions below:

  1. Which one of the following parts of the inventory process do you feel is most important for your business concept and why (Ordering, Receiving, Storage (FIFO), Issuing, preparation, portioning, order taking)?
  2. Based on your business concept, do you feel inventory should be completed daily, weekly, or monthly and why?
  3. How does inventory management relate to budgeting?

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