Which of the following minimizes tying up funds for long periods and reduces the cost associated with inventory management?
Just-in-time ordering
Periodic automatic replacement
ABC analysis
Inventory turnover rate
Just-in-time ordering
Rationale: Just-in-time ordering minimizes tying up funds for long periods and reduces the cost associated with inventory management. This method requires pharmacy employees to predict demand for medications and supplies accurately.
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Answer the following statement true (T) or false (F)
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