1. Stock control system
  2. To run the stores effectively
  3. Technical responsibility for the state of materials
  4. All of the above
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Answer: Option 4

The functions of inventory control are listed below: - To Develop Policies, Plans and Standards Required - Effective Running of Stores - Technological Responsibility for the State of Different Materials - Stock Control System -To Ensure the Timely Availability -Maintenance of Specified Input -Protection of Inventories

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