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Question
Statement I: For products requiring long term storage like agricultural products, the warehouses are located near to the market.
Statement II: Higher the level of inventory, higher will be the level of service to customers but the cost of carrying the inventory will also be high.
Options
Statement I is true and II is false
Statement II is true and I is false
Both the statements are true
Both the statements are false
MCQ
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Solution
Statement II is true and I is false
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Components of Physical Distribution
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