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Provide answers to all of the questions below. 1. Describe the FIFO principle. 2. Explain how regular inventory checks can support rock rotation and replenishment.

Provide answers to all of the questions below. 1. Describe the FIFO principle. 2. Explain how regular inventory checks can support rock rotation and replenishment. 3. Describe the product life cycle (PLC) and cover the four stages in your answer. 4. What is meant by the term slow-moving item

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