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READ THE CASE BASED ARTICLE ( Applications of Artificial Intelligence in Inventory Management: A Systematic Review of the Literature ) AND ANSWER ALL QUESTIONS THAT
READ THE CASE BASED ARTICLE Applications of Artificial Intelligence in Inventory Management: A Systematic Review of the Literature AND ANSWER ALL QUESTIONS THAT FOLLOW RELATE IT ACCORDINGLY, TO THE CASE BASED ARTICLE. Research is required in answering all Questions below:
The late s saw a significant impact of information technology on inventories, which in turn for example, had a positive effect on the growth of the United States US economy while effectively managing inflation. Globally, in the early twentyfirst century, as information technology evolves rapidly, organisations are actively implementing initiatives to remove inventories from the supply chain. aWhat are the major components of inventory carrying cost?
bHow would one measure capital cost for making inventory strategic decisions?
With intext referencing and Harvard style references. pages with sources published in and upwards.
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