Question: Holding inventory has an associated cost. We can sometimes reduce those costs by: producing smaller batches of products more frequently; using expedited, or faster transportation

Holding inventory has an associated cost. We can

Holding inventory has an associated cost. We can sometimes reduce those costs by: producing smaller batches of products more frequently; using expedited, or faster transportation modes; eliminating slower moving products, and/or creating product by demand (pull) versus supply (push). Choose any two of these options and discuss the impacts of adopting them. Please offer at least three impacts per option (aside from the impact of reducing inventory costs) 20 marks

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