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Indicate by a (), (), or (0) whether each of the following events would probably cause average annual inventory holdings to rise, fall, or be affected in an indeterminate manner:

a. Our suppliers change from delivering by train to air freight. __________

b. We change from producing just-in-time to meet seasonal demand to steady, year-round production. __________

c. Competition in the markets in which we sell increases. __________

d. The general rate of inflation rises. __________

e. Interest rates rise; other things are constant. __________

Management Theories, Management Studies

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