Inventory Control Models Answer the following questions: 1. Discuss the importance of inventory control with respect to supply and demand. 2. What benefit can tools such as ABC analysis and just-in-time controls provide for an organization? 3. How can an enterprise resource planning system assist a firm with improving its business operations? Render, B., Stair, R.M., Jr., & Hanna, M.E. (2011). Quantitative Analysis for Management (11th edition). Upper Saddle River, NJ: Pearson Prentice Hall. 9780132149112
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