Which of the following describes forward placement? ANSWER Unselected Keeping all the inventory of a product at a single location, such as at a firm's manufacturing plant or a warehouse, and shipping directly to each of its customers Unselected Locating stock closer to customers at a warehouse, DC, wholesaler, or retailer Unselected A situation in which several competing firms clustered in one location attract more customers than the total number who would shop at the same stores at scattered locations Unselected A reduction in inventory and safety stock because of the merging of variable demands from customers