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      Question

      What is the primary purpose of inventory management?

      A Maximizing holding costs Correct Answer Incorrect Answer
      B Ensuring a balance between supply and demand Correct Answer Incorrect Answer
      C Creating stockouts to boost demand Correct Answer Incorrect Answer
      D Ignoring operational efficiency Correct Answer Incorrect Answer
      E Randomly managing inventory Correct Answer Incorrect Answer

      Solution

      Inventory management aims to maintain a balance between supply and demand, minimize holding costs, and support efficient business operations.

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