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Explain the importance of inventory control, including the definition of: Cycle counting ABCD Stratification.

Double spaced, yes list question, then answer. 3 pages minimum for each question, including charts, graphs, and outside company examples. Sources of information at the end.
2.Explain the importance of inventory control, including the definition of:
Cycle counting
ABCD Stratification
EOQ (enconmic order quality)
ROP (record point)


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