What is your company's Inventory Carrying Cost Rate? (Ask your Director of Logistics or the CFO.If that's
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Question:
- What is your company's Inventory Carrying Cost Rate? (Ask your Director of Logistics or the CFO.If that's not possible, provide an overall estimation using your approximations for each of the 4 categories presented in class.)
- Do you think it's an accurate computation, a good estimate or a not-even-close estimate?
- Recommend one action that should be taken to improve the accuracy of this number (not to lower the %, but better accuracy).
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