On a macro-economic basis, the ratio of inventory to sales has declined over the last 20 years.
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The overall absolute cost of logistics on a macro basis will increase with growth in the economy In other words if we produce and consume more goods a...View the full answer
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Related Book For
Supply Chain Management A Logistics Perspective
ISBN: 978-0538479196
9th edition
Authors: John coyle, John Langley, Robert Novack, Brain Gibson
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