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The most effective for reducing inventory is realistic forecasting
Relaistic forecasting from your list and objrvtively calculated re-order level, minimum level, and order quantity.
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Realistic Forecasting
a realistic forecasting which control the stock at minimum stock level without loss of sale balancing between stock costs & sale loss costs
Realistic Forecasting should be done to manage inventory
Just-In-time Manufacturing can assit in solving the issue as it requirs all of the choices
No.3 is the correct answer
Realistics Forecasting ( Its diffult ) & sale increase
I thing the fourth step (Return inventory at discounted value) is most effective to reduce the inventory.
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