Define the inventory types-inventory costs-safety stock


Assignment:

Create a Microsoft Word document entitled MGMT_440_Lastname_Firstname_A7.5_Assignment.

Use this document to complete the tasks listed below. Based on what you read in the module, considered a manufactured product that you manage or wish to manage in the future as a professional logistics manager. Please define, critique, and provide examples of the inventory types, inventory costs, safety stock, obsolete stock, and associated trade-offs in managing that product. Please pay attention to detail because your main manager responsibilities are to lower costs but still have inventory available within 24 hour period to satisfy customer demand.

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Financial Management: Define the inventory types-inventory costs-safety stock
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