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Supply Chain (BUS5023) Lesson 6 Assessment - Inventory management Exam Questions with 100% Correct Answers.
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Lesson 6 Assessment – 25 MarksTrue/False (10 marks)1. Inventory management is not as important as it has been due to other factors coming into play. FALSE2. “Batching stocks” and “cycle stocks” are the same. TRUE3. Purchase economies and transportation economies are not complementary. FALSE4. Setting safety stock levels for an organization is now a science. FALSE5. A reason to hold inventory arises when an organization anticipates that an unusual eventmight occur that will negatively impact its source of supply. TRUE6. Capital c
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