Answer:
The correct answer is: d) all of the above
Explanation:
Cost reduction measures are strategies that businesses use to reduce their costs. These measures can include a variety of things, such as reducing the amount of inventory they hold, lowering the cost of materials, and improving productivity.
Reducing physical inventory can help businesses save money on storage costs. By reducing the amount of inventory they have on hand, businesses can also reduce the risk of obsolescence and damage.
Lowering the cost of materials can also help businesses save money. This can be done by negotiating better prices with suppliers, finding alternative suppliers, or using less expensive materials.
Improving productivity can also help businesses save money. This can be done by investing in new technology, training employees, or improving processes.
All of these measures can help businesses reduce their costs and improve their bottom line.
