Supply$-$chain strategy decisions determine $\_\_\_\_\_\_\_$ activities. $2.$ Managing inventory involves the identification of three relevant costs: $\_\_\_\_\_\_\_,\_\_\_\_\_\_\_,$ and $\_\_\_\_\_\_\_.3.$ One strategy of $\_\_\_\_\_\_\_$ will match to a production decision of $\_\_\_\_\_\_\_$ or $\_\_\_\_\_\_\_$ production. This JIT purchasing strategy will minimize $\_\_\_\_\_\_\_$ of inventory and reduce or eliminate both $\_\_\_\_\_\_\_$ and $\_\_\_\_\_\_\_$ but may increase $\_\_\_\_\_\_\_.4.$ The goal of the management team is to minimize the overall combination of costs associated with inventory management. Any inventory management model requires careful analysis to identify the $\_\_\_\_\_\_\_,$ the $\_\_\_\_\_\_\_,$ and the $\_\_\_\_\_\_\_.5.$ The management team requires high$-$quality information in a database of the type found in $\_\_\_\_\_\_\_$ systems. These systems are demand$-$pull systems. Implementing a good demand$-$pull system requires a highly coordinated information flow that supports lean production. $6.$ Lean production $($JIT$)$ can eliminate inventory and therefore, $\_\_\_\_\_\_\_$ is appropriate. With no WIP or materials inventories, the need for sequential or $\_\_\_\_\_\_\_$ of costs of production through the inventories is no longer necessary. Instead $\_\_\_\_\_\_\_$ are identified such as materials purchase and completion of quality finished goods. Costs transfer at only these two trigger points from the Direct Materials to the Finished Goods inventory. erms$-$ backflush costing carrying costs economic order quantity enterprise resource planning $($ERP$)$ inventory management just$-$in$-$time $($JIT$)$ production just$-$in$-$time $($JIT$)$ purchasing lean production ordering costs purchasing costs reorder point shrinkage costs stockout costs synchronous tracking trigger points safety stock