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Chapter 20 Notes Page 1 XX. Inventory Management: EOQ, JIT and Constraints Managing your inventory properly is an important means of controlling your costs and, thereby,…

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1.INVENTORY CONTROL2. INTRODUCTION The term inventory means the value or amount ofmaterials or resource on hand. It includes rawmaterial, work-in-process, finished goods…

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Cost Management ACCOUNTING AND CONTROL HANSEN & MOWEN Inventory Management: Economic Order Quantity, JIT, and the Theory of Constraints Three types of inventory costs…

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