Techniques for managing inventory


I want assistance with the given two questions.

Question 1) Briefly describe each of the following techniques for managing inventory: ABC system, economic order quantity (EOQ) model, just-in-time (JIT) system, and computerized systems for resource control? MRP, MRP II, and ERP.

Question 2) How is commercial paper used to raise short-term funds? Who can issue commercial paper? Who buys commercial paper?

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