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(a) From the perspective of Inventory, highlight both Holding and Ordering costs. Support your explanation with an example and explain the tradeoff between these Holding

(a)

From the perspective of Inventory, highlight both Holding and Ordering costs. Support your explanation with an example and explain the tradeoff between these Holding Cost and Ordering Cost

(b)

What are the services provided by the Logistics Service Providers? Explain in detail the meaning of "Logistics service could be conducted internally or outsourced".

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