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reword the following Benefits of a MIN/MAX System in Manufacturing Cost Efficiency: Reduces carrying costs by preventing overstocking. Avoid Stockouts: Ensures that critical items are
reword the following Benefits of a MIN/MAX System in Manufacturing Cost Efficiency: Reduces carrying costs by preventing overstocking. Avoid Stockouts: Ensures that critical items are always available, thus avoiding production delays. Streamlined Operations: Simplifies inventory management by automating reorder points and quantities. Improved Cash Flow: Optimizes inventory investment and reduces tied-up capital
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