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Which of the following is NOT an advantage of just-in-time inventory management? A) Reduce the amount of insurance needed for lower levels of inventory B)
Which of the following is NOT an advantage of just-in-time inventory management?
A) Reduce the amount of insurance needed for lower levels of inventory
B) Surplus inventory is maintained to prevent production shut-down in case of supply interruption
C) Lower inventory levels reduce storage cost
D) Inventory kept for shorter periods of time reduces the amount of goods that become obsolete
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