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Inventories are an important component in organizations and one of the most expensive assets in an organization. Therefore, organizations should have a system whereby inventories
Inventories are an important component in organizations and one of the most expensive assets in an organization. Therefore, organizations should have a system whereby inventories are accounted for from the time they are acquired until the time they are used or distributed. Managing inventory levels is a critical activity in organizations. Use the Internet to research-proven strategies that organizations can use to manage inventory. Compare and contrast at least four strategies. In addition, choose an organization and 1 of the 4 strategies and describe how the organization could benefit by using the strategy chosen. Also, provide explanations regarding why the other three strategies were not chosen
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