Which of the following describes the average aggregate inventory value? ANSWER Unselected The time lag between paying for the services and materials needed to produce a service or product and receiving payment for it Unselected The total average value of all items held in inventory by a firm Unselected A concept whereby some of the final activities in the provision of a service or product are delayed until the orders are received Unselected The process of acquiring more channels of distribution, such as distribution centers (warehouses) and retail stores, or even business customers