Question

Q1. What is Inventory? What is the purpose of Inventory in an organization? Describe the various costs associated with the Inventory analysis

Q2. Explain the ABC analysis technique of Inventory Control

Q3. Write a brief note on Economic Order Quantity. Explain dependent demand and independent demand with example

Q4. Discuss concept of Inventory Management. Explain concept of dependent demand and Independent demand.

Q5.What are the assumptions of the basic EOQ Model? Distinguish between a fixed-order- quantity system and fixed-time-period system.​

Answer 1

Answer:

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