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Please fill in the blank and provide accurate explanations. 1: ............ is an inventory strategy companies employ to increase efficiency and decrease waste by receiving

Please fill in the blank and provide accurate explanations.

1: ............ is an inventory strategy companies employ to increase efficiency and decrease waste by receiving goods only as they are needed in the production process, thereby reducing inventory costs. This method requires producers to forecast demand accurately.

2: What is the main Disadvantage?

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