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Inventory management is a key characteristic of a successful manager. Deciding how much inventory to hold will determine revenue or loss. Which of the following
Inventory management is a key characteristic of a successful manager. Deciding how much inventory to hold will determine revenue or loss. Which of the following is not a benefit of holding larger inventories?
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Increased risk
Reduced ordering costs
Protection against lost sales
Protection against stock outs
Smoother production schedules
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