Because of the significant investment many companies have in the products they sell to customers, they must develop and maintain adequate varieties of products to meet their customers' needs. This is called

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The development and maintenance of adequate varieties of products to meet customers' needs is a crucial aspect of inventory management, which involves the planning and control of inventory levels to ensure that sufficient quantities are available to meet customers' demand without excessive or insufficient inventory. Just-in-time, order processing, merchandise stocking, and logistical management are related concepts but do not specifically address the need for maintaining adequate product varieties.

Because of the Significant Investment Many Companies Have in the Products