Question's Short Description
1: Controlling stock levels 2: Uses EOQ and ABC analysis 3: Avoids stockout and overstock 4: Reduces holding cost 5: Includes JIT inventory
Question's Long Description
1: It ensures right quantity of material at right time
2: EOQ calculates optimal order quantity
3: ABC classifies items based on value
4: JIT reduces inventory holding cost
5: Poor inventory management affects production
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Reviews 0
sneha
2026-07-10 12:23:032: EOQ calculates optimal order quantity
myraa
2026-07-10 12:23:513: ABC classifies items based on value
maheka
2026-07-10 12:24:354: JIT reduces inventory holding cost
shital
2026-07-10 12:25:115: Poor inventory management affects production
tanya
2026-07-10 12:21:591: It ensures right quantity of material at right time