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Question 16 1 points SAVE ANSWER brary epts Pump Manufacturing are looking at improving their...

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Question 16 1 points SAVE ANSWER brary epts 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 materials requirements planning, O a reorder point the economic order quantity

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