ENTREPRENEURIAL OPERATIONS
INVENTORY MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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inventory control system that allows for monthly review of drug us
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want book
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point-of-sale (POS) master
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perpetual inventory system
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inventory control
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inventory turnover rate
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Explanation:
Detailed explanation-1: -Four popular inventory control methods include ABC analysis; Last In, First Out (LIFO) and First In, First Out (FIFO); batch tracking; and safety stock.
Detailed explanation-2: -Perpetual inventory system definition: the perpetual inventory system (AKA continuous inventory system) is a method of inventory management that operates in real time. It’s run most effectively with a computer database, AKA and Point of Sale (POS) system, keeping track of orders and inventory levels.
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