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Inventory Management is a common goal of the operations manager and financial manager and marketing manager. The primary objective of this practice involves the tradeoff
Inventory Management is a common goal of the operations manager and financial manager and marketing manager. The primary objective of this practice involves the tradeoff between carrying costs and restocking costs so that what happens?
The total opportunity costs of lost sales are minimized.
Total costs of holding inventory are minimized.
The average inventory of expensive components is minimized.
The number of orders per year are minimized.
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