(Answered) Question assume that you have just been hired to develop an

Management Studies

Question: Assume that you have just been hired to develop an inventory system for a company which in the past paid little attention to the management of inventories. Prepare an outline of the approach you would use to carry out this assignment. Discuss each point on your outline in some detail, indicating the information you would need, the problems you would expect to encounter, and any other pertinent factors management would be interested in when evaluating your approach to the problem.

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