Explain Inventory Control?

1.	Explain Inventory Control?
Answer» INVENTORY Control is the process by which inventory is MEASURED and regulated according to predetermined norms such as economic LOT size for ORDER or production, safety STOCK, minimum level, maximum level, order level etc. Inventory Control is the process by which inventory is measured and regulated according to predetermined norms such as economic lot size for order or production, safety stock, minimum level, maximum level, order level etc.

Answer»

INVENTORY Control is the process by which inventory is MEASURED and regulated according to predetermined norms such as economic LOT size for ORDER or production, safety STOCK, minimum level, maximum level, order level etc.

Inventory Control is the process by which inventory is measured and regulated according to predetermined norms such as economic lot size for order or production, safety stock, minimum level, maximum level, order level etc.

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Explain Inventory Control?

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