Question: An automated ordering system will enable a retailer to reduce their ordering costs by 50%. Assuming demand and product unit cost stay the same, after
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An automated ordering system will enable a retailer to reduce their ordering costs by 50%. Assuming demand and product unit cost stay the same, after implementation
a. Inventory will be more uncertain
b. The retailer economic order quantity will decrease
c. Lead time will increase
d. Retail labor cost will rise
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