A company has recently transitioned to a new inventory management system. What is one metric they can use to evaluate the effectiveness of this new system?
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✓ Correct answer: D. Reduction in inventory inaccuraciesThe reduction in inventory inaccuracies can be used as a metric for the effectiveness of a new inventory management system. If the new system is effective, there will be fewer inventory discrepancies. The number of items stocked per month is a metric of stock volume. Total sales volume increase is a metric of business growth. Customer order fulfillment time is a metric of customer service efficiency.
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