Discuss advantages of locating inventory close to customer

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1. Discuss the advantages of locating inventory close to the customer. (a paragraph at most)

2. Explain the basic idea of an enterprise resource planning system. (a paragraph at most)

3. Give an example and explain a time-series method of forecasting. (a paragraph at most)

4. Why would some organizations prefer high levels of inventory? (a paragraph at most).

Reference no: EM131485737

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