Answer the following statement(s) true (T) or false (F)
1. A reason why companies hold inventory is to increase shortages artificially.
2. Lower customer satisfaction is associated with faster modes of transportation.
3. A reason to hold inventory is to drive up price.
4. Cost of goods sold (COGS) is a measure of good inventory management.
1. False
2. False
3. False
4. False
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