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What is inventory management and why is it important?-What are different types of stocks?

ASSESSMENT # 1

Inventory Management Level 3 Brentwood Open Learning College Page: 1
What is Inventory?

Answer the following questions:

1.
What is inventory management and why is it important? (10)
2.
What are different types of stocks? (10)
3.
What are different types of costs for carrying stocks? (10)

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