3. What proportion of inventory is there: as an insurance against uncertainty? to counteract a...
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3. What proportion of inventory is there:
– as an insurance against uncertainty?
– to counteract a lack of flexibility?
– to allow operations to take advantage of short-term opportunities?
– to anticipate future demand?
– to reduce overall costs?
– because it can increase in value?
– because it is in the processing pipeline?
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Related Book For
Operations And Process Management
ISBN: 9781292176130
5th Edition
Authors: Nigel Slack; Alistair Brandon-Jones
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