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Why is inventory management important for merchandising and manufacturing firms and what are the main tradeoffs for firms in managing their inventory?

Why is inventory management important for merchandising and manufacturing firms and what are the main tradeoffs for firms in managing their inventory? 

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Inventory management important for merchandising and manufacturing firms due to the following reasons 1 Tracking Inventory A good system will help us to keep track of our inventory and offer a central... blur-text-image

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