View all questions & answers for the L4M7 exam
The only reason stocks become obsolete is because items have been held in stock for a very long time. Is this a valid statement?
Yes, because all obsolete items result from significant overstocking
Yes, because users assume that the items are no longer in stock
No, because stock held for a long time are called buffer stocks
No, because some items can become obsolete because of changes in consumer needs
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