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Mark is the inventory-control manager at Shield Corp. He usually places an order for steel rods based on the firm's daily requirement rather than procuring a massive quantity of steel rods once a month from the supplier. Which of the following approaches to inventory control has Mark implemented in this scenario?
a. the batch processing system.
b. just-in-time inventory management.
c. the perpetual inventory system.
d. computer-assisted manufacturing.
e. the in-basket technique.