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What are the primary inventory control policies, and how do they balance the costs of holding inventory and stockouts? Compare and contrast the Just-In-Time (JIT),

What are the primary inventory control policies, and how do they balance the costs of holding inventory and stockouts? Compare and contrast the Just-In-Time (JIT), Economic Order Quantity (EOQ), and Reorder Point (ROP) inventory control policies.Providereal-world examples of businesses.

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