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MGSC 395 Final Exam | Questions & 100% Correct Answers (Verified) | Latest Update | Grade A+

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the planning and controlling of inventories in order to meet the competitive priorities of the organization : inventory management a stock of materials used to satisfy customer demand or to support the production of services or goods : inventory -inventory holding cost -cost of capital -storage and handling costs -taxes -insurances 2 | P a g e -shrinkage : pressures for small inventories - customer service -ordering cost -setup cost -labor and equipment ultilization -transportation cost -payment to suppliers : pressure f

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