Discussion Post
Techniques of inventory management include:
1) Economic order quantity.
2) Just in time inventories.
3) Optimum stocking level.
4) Periodic inventory.
5) Perpetual inventory.
6) Barcoding.
7) Point-of-sale systems.
Select three of the seven inventory techniques listed above and explore why a business would implement each one. Be sure to list specific reasons for each.
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.