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The article presents a recent story on excess retail inventory. Due to the pandemic,people are not shopping for the latest apparel in nearly the expected

The article presents a recent story on excess retail inventory. Due to the pandemic,people are not shopping for the latest apparel in nearly the expected numbers.This is resulting in excess inventory or stock. Please discuss the article by answering the following:

  • What type of cost does the current inventory stock represent?
  • What option would you recommend in dealing with the issue and why?

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