A key to reducing cycle inventory is

A) the reduction of holding cost.
B) the reduction of manufacturing cost.
C) the reduction of lot size.
D) the reduction of warehouse space.

Answer: C

Business

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a. interpretation gap b. communications gap c. perceptions gap d. policy gap e. knowledge gap

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Which of the following trends supports improving economic conditions in Africa?

A) direct investment from abroad B) the growing importance of the public sector in Africa C) the gradual liquidation of the mining industry D) the rising cultural affinity toward goods manufactured in the West

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