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Explain why inventory costs and inventory levels have declined relative to GDP over the last 20 years. Is this beneficial to the economy? Why or

Explain why inventory costs and inventory levels have declined relative to GDP over the last 20 years. Is this beneficial to the economy? Why or why not? 2. What is the difference between independent and dependent demand items? Why is this distinction important to inventory managers? The answers should be 200 words or more

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