Question: QUESTION FOUR [30] Hi pleas help me with this question Supply chain management year 2 4.1 Holding of excessive Inventory is as expensive as running

QUESTION FOUR [30]

Hi pleas help me with this question Supply chain management year 2

4.1 Holding of excessive Inventory is as expensive as running out of stock.

Explain this statement in detail. (15)

4.2 Discuss the requirements that should be embraced for a successful adoption of Just In Time (JIT) inventory control method.

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