Multiple source suppliers cause increases in savings due to increased competition for contracts between the suppliers.
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Q27: The more specialized the needs or the
Q28: Inventory needs for small manufacturers are virtually
Q29: Shrinkage costs,such as warehouse expenses,are the costs
Q30: The Pareto rule states that 80 percent
Q31: The loss of goods held in inventory
Q33: Decreased paperwork causes a significant savings when
Q34: Obsolescence refers to products becoming outdated or
Q35: A mutual dependence is created when using
Q36: Common inventory management techniques for service companies
Q37: The act of counting the goods held
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