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It's hard to see how it could be economically efficient to have a year's worth of apples in the producer's inventory. Surely they should be trying to keep the
by caf 11y ago
It's hard to see how it could be economically efficient to have a year's worth of apples in the producer's inventory. Surely they should be trying to keep the capital tied up in inventory as low as possible?
- eru 11y agoThe article nostromo links seems to talk about one year being the maximum age, not the average.