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All of the following are correct about the European nations and their colonial empires during the interwar years EXCEPT
Fixed Interval Model
An inventory replenishment approach where orders are placed at fixed intervals, regardless of demand levels, to simplify ordering processes.
Purchase Economies
Cost advantages that a business can achieve by buying goods or services in large quantities, leading to lower per-unit costs.
Transportation Economies
The cost savings realized through efficient transportation logistics, including scale of operation, routing, and mode of transport selection.
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