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The management at Barks-a-Million is considering a new inventory control system. The current system is inadequate because it frequently causes stockouts that interrupt production and
The management at Barks-a-Million is considering a new inventory control system. The current system is inadequate because it frequently causes stockouts that interrupt production and lead to excess stock of other materials resulting in markdowns and high carrying costs. The new system will focus on reducing or completely eliminating carrying costs, most likely employing
A | materials requirements planning. | |
B | a reorder point. | |
C | a just-in-time inventory system. | |
D | the economic order quantity. |
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