Question: When developing an inventory management strategy for your global operations, which approach would most effectively balance product availability with cost efficiency? Randomly distributing inventory across

When developing an inventory management strategy for your global operations, which approach would most effectively balance product availability with cost efficiency?

Randomly distributing inventory across facilities without a structured tracking system

Centralizing all inventory in a single global warehouse to reduce overall storage expenses

Implementing a model that calculates the optimal order size to minimize total inventory holding and ordering costs

Maintaining a high volume of inventory in all warehouses to ensure immediate product availability, regardless of actual market demand

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