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An equipment manufacturer has purchased large quantities of steel plate for its five machines as well as for machines for other customers. By ordering in large quantities, the manufacturer received a substantial price break. What is the earliest time the manufacturer should take credit for the steel plate?

When ordered

When received

When paid for

When withdrawn from inventory

When installed

why was the above selected and elaborate on what could go wrong ordering large quantities of steel plates?

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Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M92034369

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