Indirect costs of holding inventory include risk of product obsolescence, stifling of innovation, and clutter and disorganization.
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Q24: The average fill rate is a measure
Q25: As inventory turnover increases, the costs of
Q26: Higher levels of inventory would lead to
Q27: Depreciation of capital equipment is a major
Q28: Holding inventory is an important strategy to
Q30: Fixed costs and variable costs are direct
Q31: ABC analysis classifies inventory items into three
Q32: In ABC analysis, C category items are
Q33: FSN and VED are two alternate methods
Q34: Lot-for-lot (LFL) and flat ordering are two
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