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Some clothing retailers are developing and putting into place sophisticated AI system for automatic tracking of merchandise sales by managing their inventory in this way
Some clothing retailers are developing and putting into place sophisticated AI system for automatic tracking of merchandise sales by managing their inventory in this way retailers are hoping to reduce the need for human beings in the workforce thereby eliminating future inventory management errors, keep their long run average cost constant as they increase production thereby generating constant returns of scale, provide workers with better technology that will enabler them to study past sales trends and adjust their inventory appropriately, reduce their long run average cost a tgey increased production thereby generating economies of scale
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