What is the role of safety inventory

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Questions

1. What is the role of safety inventory? What are the risks of not having safety inventory? Explain thoroughly.

2. If the quality of goods provided by suppliers is identical, purchasing goods based on lowest price is the best strategy, agree or disagree? Explain your answer

3. It takes the same amount of inventory to operate a single warehouse system as a four warehouse distribution network. True of False?Deatiled Explain your answer.

Reference no: EM133425412

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