The higher the average cost of a stock-out, the better it is for the company to hold some amount of inventory (safety stock) to protect against stock-outs.( )
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Warehouses emphasize the storage of product and its primary purpose is to maximize the usage of storage space.( )
Product availability is a most common measurement of inventory management. ( )
The aim of logistics management is to achieve the lowest total cost.( )
Pallet is one common unit load in logistics system ( )