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Case Study 2: Inventory management at a mobile clinic Q1: Define the following inventory management...

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Case Study 2: Inventory management at a mobile clinic Q1: Define the following inventory management terms, Periodic inventory, perpetual inventory, FIFO, LIFO and average cost. Which of these is the most cost-saving method in inventory management? Q2: What is the economic order quantity? Find a formula and see if you can calculate for the clinic

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