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Assignment: Discussion-Competitiveness and Inventory Management
To be competitive, many fast-food chains expanded their menus to include a wider range of foods. Although contributing to competitiveness, this has added to the complexity of operations, including inventory management. In what ways did the expansion of menu offerings create a problem for inventory management? One form of inventory is safety stock, which is primarily carried by companies to ensure a variety of products is available at all times. However, safety stock ties up capital and hinders cash flow.
Using the internet, research safety stock.
Then respond to the following:
After your initial post, discuss the following:
Write your initial response in 200 to 300 words. Apply APA standards to citation of sources.
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