Managing-Inventory-Levels-management-homework-help

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The following represent the four primary reasons why inventories are held:

  1. to take advantage of price discounts
  2. to take advantage of economic lot sizes
  3. to provide a certain level of customer service
  4. because production requires some in-process inventory

For this activity, select one primary reason above and evaluate its value to inventory management. Include within your rationale at least one real-world example.

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