Holding Inventory at the Raw Materials Level Rather Than as Finished

question 132

True/False

Holding inventory at the raw materials level rather than as finished goods reduces the cost of carrying inventory but also results in longer delivery times.

---

Definitions:

Theory-in-Use

Theory-in-Use refers to the framework or model that individuals actually use in their actions, often unconsciously, as opposed to the models or theories they may explicitly claim to follow.

Governing Theory

is a guiding framework or set of principles intended to influence the decision-making and actions of an organization or governing body.

Institutionalize Changes

The process of embedding new approaches, behaviors, or standards into an organization's culture and practices.

Assess Environments

The process of evaluating and analyzing external and internal surroundings that can influence the performance and strategies of an organization or individual.