Question

    Which of the following is a technique of inventory

    management?
    A ABC analysis Correct Answer Incorrect Answer
    B LIFO method Correct Answer Incorrect Answer
    C FIFO method Correct Answer Incorrect Answer
    D Six Sigma Correct Answer Incorrect Answer
    E All of the above Correct Answer Incorrect Answer

    Solution

    An inventory management system optimizes inventory levels and ensures product availability across multiple channels. The inventory management techniques include: ·         Economic order quantity ·         Minimum order quantity ·         ABC Analysis ·         Just in Time

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