The purpose of inventory management is best explained

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The purpose of inventory management is best explained as ___________

making sure supplies run out before being restocked since inventory is costly

making sure to maintain enough inventory to support sales and production, but not too much inventory since inventory is costly

making sure that the least amout of inventory is kept in storage at any given time since inventory is costly

making decisions about when to restock since inventory is costly

Reference no: EM131354422

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