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Question 3: (10 marks) a-What are the three main motives for holding inventory. Explain each reason (7.5 marks) b-Suppose that an organization is able to

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Question 3: (10 marks) a-What are the three main motives for holding inventory. Explain each reason (7.5 marks) b-Suppose that an organization is able to predict accurately the demand for its inputs and outputs and is confident that the prices will remain constant. What motive or reason for holding inventory is valid in this case? Explain (2.5 marks)

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