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Which one of the following is not a requirement for effective inventory management? a . A system to keep track of inventory on hand b
Which one of the following is not a requirement for effective inventory management?
a A system to keep track of inventory on hand
b All are requirements
c Reasonable estimates of holding, ordering and shortage costs
d A classification system for inventory itemsOrganizations that decided to outsource from another organization has the following disadvantage: a Increased risk of supply chain disturbance b Require high investment c Very risky especially when demand is unpredictable d Potential suppliers may offer superior productsservices
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