Question: 1. The following statement may reflect Rick's decision to keep inventory low when the company launched the Noir Blanc line. Furniture and home dcor retailers

1. The following statement may reflect Rick's decision to keep inventory low when the company launched the "Noir Blanc" line. "Furniture and home dcor retailers should keep low levels of stock and work with suppliers to have goods delivered as needed. There is little need for inventory management systems or automation as it can be easily seen which product lines are selling well." (a) What type of inventory model do you think this statement best represents?

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