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Select three of the seven inventory techniques listed above and explore why a business would implement each one. 
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Please respond to the following:
Techniques of inventory management include:

Economic order quantity.
Just in time inventories.
Optimum stocking level.
Periodic inventory.
Perpetual inventory.
Barcoding.
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.

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