Which of the Following Is Not a Function of Inventory

question 57

Multiple Choice

Which of the following is not a function of inventory?

• A) to decouple or separate parts of the production process
• B) to decouple the firm from fluctuations in demand and provide a stock of goods that will provide a selection for customers
• C) to take advantage of quantity discounts
• D) to hedge against inflation
• E) to double the amount of safety stock

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Definitions:

Sensing

The process of receiving information through sensory organs and translating it into neural signals for the brain to interpret.

Jung

Refers to Carl Jung, a Swiss psychiatrist and psychoanalyst who founded analytical psychology, focusing on the importance of the individual psyche and the personal quest for wholeness.

Surface Perceptions

Initial, superficial interpretations of people or situations based on visible cues, without deeper analysis or understanding.

Big Five

A personality model that outlines five broad dimensions of human personality traits: openness, conscientiousness, extraversion, agreeableness, and neuroticism.