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) Briefly explain each component of total annual inventory cost-TAIC. 2) Explain why AHC and AOC have opposite directions. 3) By implementing lean manufacturing and

) Briefly explain each component of total annual inventory cost-TAIC. 2) Explain why AHC and AOC have opposite directions. 3) By implementing lean manufacturing and reducing the quantity to minimum what happens to AHC and AOC? give explanations. Bonus: Explain the concept of safety stock and how it is related to demand

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