Question: 3.1 Explain the three (3) basic costs associated with inventory. (9) 3.2 Delago Distributors, a national warehousing and distribution company, based in Midrand is considering

3.1 Explain the three (3) basic costs associated with inventory. (9)

3.2 Delago Distributors, a national warehousing and distribution company, based in Midrand is considering implementing a JIT system. Advise them on the approach to adopt to successfully convert their operations to a JIT system. (16)

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