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Stock Control & Inventory Management (HSCI1181) Assignment Answers

Question 1: The figure below shows how stock and inventory move through a supply chain. In this sense, inventory can be defined as the value of the sum of Raw materials, WIP items and Finished goods. Inventory comprises three (3) parts. Below is a diagram illustrating the following: • The start and end point of the supply chain. • The three (3) parts of the […]

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