Expecting the price of a popular brand of canned soup to increase in the future, a...
Expecting the price of a popular brand of canned soup to increase in the future, a supermarket orders extra cases of the soup. This is an example of holding inventory because of changes in the ______ of the inventory.
- value
- management
- demand
- classification
Homework Answers
The answer is given below:
Value
The price increase and the future forecast of the product wouls determine on the value as an holding inventory to increase the profit of the organization.
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