To reduce inventory management costs, many companies use a system called ___which involves carrying only small inventories of parts or merchandise, often only enough for a few days of operation. a.Reduction-inventorymanagement b. Supply chain management c. Economic order quantity d. Just-in-time logistics e.Limited inventory logistics

To reduce inventory management costs, many companies use a system called ___which involves carrying only small inventories of parts or merchandise, often only enough for a few days of operation. a.Reduction-inventorymanagement b. Supply chain management c. Economic order quantity d. Just-in-time logistics e.Limited inventory logistics

Purchasing and Supply Chain Management

6th Edition

ISBN:9781285869681

Author:Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson

Publisher:Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson

Chapter16: Lean Supply Chain Management

Section: Chapter Questions

Problem 10DQ: The chapter presented various approaches for the control of inventory investment. Discuss three...

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