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Inventory Management-2

MOTIVE FOR HOLDING ENVENTORIES  It is possible to identify three major movies for holding inventories. The transaction motive peoples a business to maintain inventories so that there are no bottlenecks...

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INVENTORY RELATED BENEFITS AND COSTS

As indicated earlier inventories include stocks of raw materials, semi-manufactured or semi-processed goods or work-in-process and finished products. While trading businesses carry inventories of the...

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