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Which of the following statements a) , b) or c) is false?
Level of Availability
The extent to which a product or service can be provided to customers when and where it is required.
Inventory Cost
The total cost associated with holding goods in stock, including storage, insurance, taxes, depreciation, and opportunity costs.
Supply Chain Revenues
The total income generated from the end-to-end processes involved in the production and distribution of goods.
Quick Response
A strategy in the retail industry to increase efficiency by replenishing products quickly based on consumer demand signals.
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