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What are the trade-offs for the tiles in terms of storage and stock-out costs? Try to provide numbers to strengthen your arguments

Category: Project Management Paper Type: Online Exam | Quiz | Test Reference: CHICAGO Words: 100

        Over the period the business has produced more goods than the sales which means that stock out does not occur. However this has increased the inventory carrying cost because the business has produced more goods than actual sales. The things which have not sold remaining the inventory which increased inventory cost (PANNEERSELVAM 2012) 

Reference of Lamson Corporation (R)

PANNEERSELVAM, R. 2012. PRODUCTION AND OPERATIONS MANAGEMENT. PHI Learning Pvt. Ltd.

 

 

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