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A week ago
The management at Barks-a-Million is considering a new inventory control system. The current system is inadequate because it frequently causes stockouts that interrupt production and lead to excess stock of other materials — resulting in markdowns and high carrying costs. The new system will focus on ensuring that these costs are minimized. The new inventory control system will likely employ

• a reorder point.

• a just-in-time inventory system.

• the economic order quantity.

• materials requirements planning.
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Accounting Information Systems
Edition: 14th
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the economic order quantity.
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