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What are the disadvantages of holding inventory control systems?
Disadvantages of holding inventory control systems:
a. Higher risk of damage, theft and deterioration
b. Higher risk of stock obsolescence
c. Opportunity cost of money or cash tied up
d. Succeeding price reductions maybe be missed
e. Storage and administration cost of assists for example, warehousing, systems and staff.
Weekly sales of copy paper at Cubicle Suppliers are in the table below. Forecast week 8 with a three-period moving average and with a four-period moving average. Compute MAD for ea
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