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Objectivesof Inventory Control:
Objectives
of Inventory Control:
Promoteefficiencyin production and purchasing by minimizing the cost of providing an adequatelevel of customer service
Promote
efficiency
in production and purchasing by minimizing the cost of providing an adequate
level of customer service
Maximize
the
level of production capacity
Maximizethelevel of customer service by avoiding understocking
level of customer service by avoiding understocking
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