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  book-img-for-question

Operations And Process Management

ISBN: 9781292176130

5th Edition

Authors: Nigel Slack; Alistair Brandon-Jones

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