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Techniques of inventory management include:
Economic order quantity.
Just in time inventories.
Optimum stocking level.
Periodic inventory.
Perpetual inventory.
Barcoding.
Point–of–sale systems.
Select three of the seven inventory techniques listed above and explore why a business would implement each one. Be sure to list specific reasons for each.
Be sure to respond to at least one of your classmates’ posts.
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