Use the concepts learned in Chapter 13 on inventory management to answer the following topics effectively.
1. What is inventory management?
2. Why should a large company use a system for inventory management?
3. How are inventory management systems used to forecast inventory?
4. Describe an organization that can use an inventory management system to the organizations advantage.
5. Research an Inventory Management system and describe how it can be used within the defined organization.
6. Conclude with the positives and negatives of the organization using an inventory management system.