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Managing Inventory - Describe how a firm would establish reordering levels. Include consumption-based ordering. Include how firms use inventory turns. How would the firm establish

Managing Inventory -

Describe how a firm would establish reordering levels.

Include consumption-based ordering.

Include how firms use inventory turns.

How would the firm establish safety, buffer, and seasonal stock standards?

How do obsolescence and disposition of excess affect the firm's profitability?

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