Which of the following is not a function of inventory? A. To take advantage of quantity...
Which of the following is not a function of inventory?
A. To take advantage of quantity discounts
B. To decouple various parts of the production process
C. To provide a selection of goods for anticipated customer demand and to separate the firm from fluctuations in that demand
D. To optimize available warehouse space
E. To hedge against inflation and upward price changes
F. None of the above are functions of inventory
G. All of the above are functions of inventory
Homework Answers
From the above question we can intrepret that all are the functions of inventory. so we can say that option G.
G. All of the above are functions of inventory.
Other Functions are:
1. to smooth production requirements
2. to protect against stockouts
3. to take advatages of order cycle
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