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rewrite in a friendly wordings : Thank you for your perspective on inventory valuation and the effect of overstocking. You gave a good example
rewrite in a friendly wordings : " Thank you for your perspective on inventory valuation and the effect of overstocking. You gave a good example of the issues related to overstocking and the importance of efficient inventory management, and provided an example of the inventory turnover for Q-tips, which is low, indicating overstocking. Overstocking can lead to increased holding costs and risk of obsolescence, even though you said that the Q-tips do not expire. You mentioned an automatic reorder of one box of Q-tips at $20 a box. If the usage rate is one Q-tip a day, and each box contains 100 Q-tips, then a box lasts about three months. Therefore, the automatic reorder system may need to be adjusted to match the usage rate. Furthermore, it would be helpful if you provided more information on the $720 savings; how this figure was calculated needs to be clarified. I concur with your assertion of consignment where Q-tips like oxygen are not given on consignment because the clinic is paying for inventory upfront rather than on consignment, which may tie up cash that could be used elsewhere in the business
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