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Accounting

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10 11 24 12 14 15 16 17 IR 19 20 21 22 E Moving to another question will save this response. Question 16 of 24 SAVE ANSWE Question 16 1 points Pump Manufacturing are looking at improving their approach to inventory management and have approached you to assist them. Their current system is inadequate because it frequently causes stockouts that interrupt production and lead to excess stock of other materials - resulting in markdowns and high carrying costs. The new system will focus on ensuring that these costs are minimized. The new inventory control system will likely employ O a just-in-time inventory system. O the economic order quantity. O materials requirements planning. O a reorder point. Activate Windows ORI 10:22 AM 23/Oct/20120

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