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QUESTION 3 ( 3 marks) The traditional approach to managing inventory is to maintain sufficient stock so that pases. can continue without interruption even if
QUESTION 3 ( 3 marks) The traditional approach to managing inventory is to maintain sufficient stock so that pases. can continue without interruption even if inventory use is greater than expected or if = mfest late in making deliveries. Explain what is economic order quantity (EOQ) approach med rous. point used in inventory management
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