Question: Question 7 When the annual inventory turns increases, but the average inventory stays the same, it means that average annual sales have decreased. O True

Question 7 When the annual inventory turns

Question 7 When the annual inventory turns increases, but the average inventory stays the same, it means that average annual sales have decreased. O True O False Question 8 The EOQ / EPQ models are primarily about balancing the trade-off between the inventory holding cost and the ordering/setup cost. O True O False Question 9 The sole purpose of a warehouse is to store goods for a long period of time. O True O False

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